Friday, 22 March 2024

Bank of England Review – Gearing Up for a June Cut

by BD Banks

Bank of England Review – Gearing Up for a June Cut

At today’s monetary policy meeting the BoE left the Bank Rate unchanged at 5.25% as widely expected. The BoE delivered a dovish twist to its forward guidance and general communication. This marks an important first step to an eventual cutting cycle. EUR/GBP moved slightly higher on the dovish vote split and communication. As expected, the […]

The post Bank of England Review – Gearing Up for a June Cut appeared first on Action Forex.

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