Will the BOE abandon its hawkish bias? GBP/USD is waiting – Live
The Bank of England is expected to leave its interest rate unchanged at 0.75%. Lower inflation allows it to take its time, and so does Brexit uncertainty. The UK is set to leave the EU by October 31st. Apart from the decision and the meeting minutes, the Old Lady publishes its Quarterly Inflation Report (QIR) which consists of new forecasts. The big question is: will the BOE go dovish like its peers? GBP/USD is waiting for the verdict.
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