The Bank of England announced its latest monetary policy decision today at 12:00 pm BST. All economists polled by Bloomberg expected BoE to deliver a 25 basis point rate hike while money markets priced in a 75% chance of a 25 bp rate hike ahead of the meeting and a 25% chance of a 50 bp rate move. However, the meeting was expected to be a close call between 25 and 50 bp rate hikes following yesterday's inflation data from the United Kingdom.
Bank of England decided on the more hawkish option - a 50 basis point rate hike to 5.00%. This is the highest level since September 2008. Decision was made with a 7-2 vote split - 7 votes for a rate hike and 2 votes for keeping rates unchanged. Bank of England noted that persistence of high inflation requires further policy tightening. Bank of England also said that it expects Q2 GDP to be flat on a quarter-over-quarter basis
GBPUSD surged following a hawkish move from Bank of England with the pair painting a fresh daily high near 1.2835. However, big part of the move has already been erased and sellers try to push GBPUSD back below 1.2800 mark.
Source: xStation5
ปฏิทินเศรษฐกิจ: จับตาเงินเฟ้อ CPI สหรัฐฯ เป็นไฮไลต์หลัก 📊
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BREAKING: จำนวนผู้ยื่นขอสวัสดิการว่างงานในสหรัฐฯ ปรับตัว สูงกว่าที่คาดเล็กน้อย
ปฏิทินเศรษฐกิจ: จำนวนผู้ขอรับสวัสดิการว่างงานสหรัฐฯ และคำกล่าวของ ECB ช่วยให้ตลาดผ่อนคลาย
