Future Performance OF The England`s MPC
Publish Date : 2019/08/01 - 08:25

Deutsche Bank analysts say the Bank of England's monetary policy committee will make their final decision today, as well as publishing the Bank’s quarterly inflation report and a news conference from Bank of England Governor Carney.

They say: Our British economists have written that although they expect the Monetary Policy Committee to vote to keep interest rates stable, they think that the British Monetary Policy Committee will drop their tightening bias. That committee is becoming more sensitive in light of the deteriorating economic outlook against progressive economic warfare and the increased risk of brexit.

Since the last meeting of the Monetary Policy Committee, Sterling has weakened significantly, though yesterday it had the best performance of the Group 10 against the dollar.

Source: Fxstreet

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