By Jason Simpson 17-06-2019
In: hive-exclusives, Economics Rates UK

Bank Of England To Use Maradona Playbook (3 min read)

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The Bank of England’s Monetary Policy Committee (MPC) appears to have delivered a key message: rates will have to rise. Yet UK interest rate markets are pricing a 20% chance of a 25bp rate cut by January 2020, and an over 40% chance by early 2021. The difference appears to come down to a more optimistic Brexit and global growth view from the BoE than investors. If the Bank sticks with this view, and it’s…

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