Wednesday, February 1, 2023

BoE Interest Rate Decision Preview: The last 50 bps hike but not the end yet

  
European Session
HOT STORY
BoE Interest Rate Decision Preview: The last 50 bps hike but not the end yet

The Bank of England (BoE) is set to begin 2023 with yet another 50 basis points (bps) rate hike, with Governor Andrew Bailey hinting at further monetary policy tightening. The BoE will announce its interest rate decision at 12:00 GMT this 'Super Thursday', publishing the Minutes of the meeting and Monetary Policy Report (MPR) alongside.

GBP/USD braces for massive volatility, awaiting the ECB and BoE double bonanza
MORE STORIES
European Central Bank Preview: Lagarde needs to repeat her hawkish message
Gold needs to take out $1,960 resistance for further upside


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