Bank of England announced its latest monetary policy decision today at 12:00 pm BST. Median consensus among analysts is for a 25 basis point rate hike, to 5.50%, with 7 MPC members voting for a hike and 2 voting to keep rates unchanged. This would mean that one less MPC member opted for a rate hike than at the previous meeting (8-1 split). Money markets priced in a 55% chance of 25 basis point rate hike prior to the meeting.
Actual decision turned out to be a surprise - rates were left unchanged at previous level. 5 MPC members voted to keep them unchanged while 4 MPC opted for a hike. Governor Bailey was among those who voted for a no change in rates. Bank of England also decided to cut gilt-purchases by 100 billion GBP over the next 12 months. While rates were left unchanged, BoE cautioned that further tightening is required if inflation persists.
เริ่มเทรดทันทีวันนี้ หรือ ลองใช้บัญชีทดลองแบบไร้ความเสี่ยง
เปิดบัญชี ลองบัญชีเดโม่ ดาวน์โหลดแอปมือถือ ดาวน์โหลดแอปมือถือGBP took a hit on the decision with GBPUSD moving to a fresh daily low near 1.2234. However, part of the drop has been erased already.
Source: xStation5
