The Bank of England keeps Bank rate unchanged as expected

  • The Monetary Policy Committee of the Bank of England decided to keep the Bank rate unchanged at 0.75%
  • TheMonetary Policy Committee´s decision was unanimous in a 9-0 voting pattern on both the Bank rate and the asset purchasing.

 

The Bank of England´s Monetary Policy Committee decided unanimously to keep the Bank rate unchanged in September.

While the Bank of England decision was widely expected, the market saw a little immediate reaction to the news. 

GBP futures: scope for extra gains

CME Group’s preliminary figures for GBP futures markets noted open interest rose by around 17.3K contracts on Wednesday from Tuesday’s final 279,503 c
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United Kingdom BOE MPC Vote Unchanged meets forecasts (9)

United Kingdom BOE MPC Vote Unchanged meets forecasts (9)
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