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Will BoE Lay the Foundations For May Rate Hike?
Guidance Key in BoE Minutes on Thursday Brexit, trade wars, slow economic growth and heightened tensions with Russia, what kind of central bank would consider raising interest rates when the country is facing such challenges? That’s exactly what the Bank of England is doing and on Thursday, they may signal and intention to do so at the next meeting in May. It is worth pointing out firstly that this is only half the story. The country is also experiencing high inflation, a 43-year low in unemployment and rising wages against a backdrop of strong global growth. The Bank of England is not exactly in an enviable ... (full story)
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