BoE Watch MPC to wait for confirmation slowdown is temporary A string of weak economic data, as well as comments by Governor Carney, have all but ruled out another interest rate hike on 10th May. Indeed, the MPC is likely to err on the side of caution until it... 3rd May 2018 · 1 min read
BoE Watch MPC still on track for May hike With no Monetary Policy Committee (MPC) meeting scheduled in April, its meeting on 22nd March will be the last opportunity for the MPC to lay the groundwork for another interest rate hike in May... 15th March 2018 · 1 min read
BoE Watch Inflation Report could strike more hawkish tone With the data continuing to surprise the Monetary Policy Committee (MPC) on the upside and the Governor sounding encouraged by progress in Brexit negotiations and a bit more upbeat on the outlook... 1st February 2018 · 1 min read
BoE Watch MPC to wait a while longer before hiking again While the MPC is extremely unlikely to raise interest rates again at its meeting on 14th December, the key question is whether any of the nine committee members will vote for another hike so soon... 7th December 2017 · 1 min read
BoE Watch MPC to press ahead with historic rate hike While it looks set to be quite a close call, on balance we think that a majority of the Monetary Policy Committee (MPC) will vote in favour of hiking interest rates at next Thursday’s meeting, for the... 26th October 2017 · 1 min read
BoE Watch Risk of more hawkish tone than markets expect The MPC is unlikely to spring any surprises at its meeting on 14th September. However, the economy has performed broadly in line with its expectations. Moreover, the pound has fallen further since the... 7th September 2017 · 1 min read
BoE Watch Sluggish GDP growth to keep hawks in a minority While the softer tone of recent economic data may not be enough to prevent another split on the Monetary Policy Committee at August’s meeting, it supports our view that the MPC is still a way away... 27th July 2017 · 1 min read
BoE Watch Political uncertainty clouds the outlook for policy With the General Election resulting in a hung parliament, there is a lot of uncertainty about the outlook for demand, Brexit and policy. As a result, the MPC is even more likely to sit firmly on its... 9th June 2017 · 1 min read
BoE Watch Q1 slowdown to keep MPC hawks at bay Weaker economic data and a rise in the pound is likely to silence some of the tentatively hawkish members of the MPC and mean that May’s Inflation Report strikes a relatively dovish tone. Nonetheless... 5th May 2017 · 1 min read
BoE Watch Softer data to keep the hawks at bay It may not be long before one or two Monetary Policy Committee members vote for a rise in Bank Rate. But with signs that the economic data have taken a bit of a softer turn since February’s Inflation... 9th March 2017 · 1 min read
BoE Watch A less challenging trade-off The Monetary Policy Committee (MPC) faces a less challenging trade-off between supporting the economy and controlling inflation. It will probably upgrade the growth projections in its Inflation Report... 26th January 2017 · 1 min read
BoE Watch Economy’s resilience to keep MPC on hold The Monetary Policy Committee (MPC) will take some comfort from recent data suggesting that the economy has maintained its momentum in Q4, while sterling’s recovery may have lessened the extent to... 8th December 2016 · 1 min read
BoE Watch Economy’s resilience will probably stay the MPC’s hand The resilience of the economy in Q3, combined with a stronger inflation outlook, will probably be enough to persuade a majority of MPC members to leave rates unchanged at next week’s meeting. What’s... 27th October 2016 · 1 min read
BoE Watch Rebound in activity won’t prevent further policy easing The rebound in some activity data over the past month has led some to question whether the MPC jumped the gun with its bold package of measures in August. However, the loosening was no doubt one of... 8th September 2016 · 1 min read
BoE Watch Will the MPC deliver this time around? With market participants having been disappointed by the Monetary Policy Committee’s inaction in July, expectations of a bolder and broader package of measures at next week’s meeting have grown. With... 28th July 2016 · 1 min read
BoE Watch Why wait? The relatively calm market reaction to the EU referendum might suggest that there is no urgency for the Monetary Policy Committee (MPC) to deliver additional policy stimulus at its policy meeting on... 7th July 2016 · 1 min read