BOE MPC Annual Report: UK inflation likely to rise gradually through 2016

Following are the headlines from the BOE MPC Annual Report published by BOE deputy governor Broadbent:

UK inflation likely to rise gradually through 2016

UK inflation has passed its trough

Brexit likely to slow growth and cause weaker pound

UK vote to Remain may result in rebound

UK economic growth has slowed in past year

EUR/USD keeps the red post-ZEW

The common currency remains entrenched in the negative territory after the release of the ZEW Survey, with EUR/USDhovering over the 1.1180 region.
Baca lagi Previous

GBP/USD surges on BoE comments, just shy of 1.4600 mark

The GBP/USD pair rallied from 1.4474 and extended its up-move beyond 1.4550 as BOE Governor and several MPC members begin their testimony on inflation...
Baca lagi Next