In line with our expectation, the BoE today hiked policy rates by 50bp, bringing the Bank Rate to 3.50%. We expect the increasingly weak growth outlook to support a near-term ending to the hiking cycle. We maintain our call for a 25bp hike in February with risks to our call skewed towards additional hikes in […]
The post Bank of England Review – A Dovish 50bp as BoE Nears the End of Hiking Cycle appeared first on Action Forex.