BOE June Minutes: Haldane Joins Hawks Voting For Rate Rise

Market news

21 June 2018

BOE June Minutes: Haldane Joins Hawks Voting For Rate Rise

MPC Signals Earlier Start to Reducing QE Portfolio
To Reduce Stock of Asset Purchases When Bank Rate at 1.5%, Vs 2% Previously
Future Level of Reserves to Depend on Demand
Expects Larger Balance Sheet Than Precrisis
MPC Expects 1Q Softness to Prove Temporary

Canada: Wholesale Sales, m/m, April 0.1% (forecast 0.5%)

Bank Of England Leaves Bank Rate Unchanged At 0.5%, MPC Voted 6-3 to Maintain Bank Rate at 0.5%

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