BoE's Saunders: Mpc not obliged to delay rate move until it has certainty over exact implications of Brexit

Market news

21 April 2017

BoE's Saunders: Mpc not obliged to delay rate move until it has certainty over exact implications of Brexit

Would not be surprised if cpi inflation reaches 3 pct in late 2017 or early 2018, above BoE feb forecasts
Prospective inflation pressure does not imply UK will face persistently high inflation, MPC has not gone soft
Current monetary policy stance is "clearly accommodative", would provide "considerable stimulus" even after modest rate rise

Option expiries for today's 10:00 ET NY cut

Before the bell: S&P futures +0.11%, NASDAQ futures +0.12%

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.