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Cable drops a full cent after the Bank of England hikes rates

Started by forex4you, Mar 17, 2022, 04:54 pm

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forex4you

Mar 17, 2022, 04:54 pm
Cable drops a full cent after the Bank of England hikes rates

The BOE was was guns-a-blazing at last month's MPC with four votes for a 50 bps hike but the hawks turned hesitant. Not one voted for 50 bps this time and the lone dissenter was Cunliffe for keeping rates unchanged. More details are here.
The market had been pricing a 40% chance of a 50 bp

Source: Cable drops a full cent after the Bank of England hikes rates

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