Dovish message from MPC, but 2016 rate hike still likely

Today’s “Super Thursday” announcements were generally dovish but, true to form, Governor Carney gave mixed messages, striking a more hawkish tone at the press conference. While market expectations have changed very little, our view is that a hike in Bank Rate is still likely this year.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.