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04 Jun 2015
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BoE Expected to Hold Interest Rate

The Bank of England, in its monetary policy meeting later today, is expected to hold interest rates steady, as recent domestic economic data including the slide into deflationary territory have raised doubts over the ability of the economy to rebound strongly from the weakness witnessed in the first quarter. Going forward, tomorrow’s survey report on consumers’ inflation expectations is likely to attract significant market attention. In Europe, focus will solely remain on Greece and developments arising from bailout talks with its international creditors amid the absence of any key economic releases. Across the Atlantic, the unemployment claims data will attract close attention ahead of tomorrow’s non-farm payrolls report.
04 Jun 2015
Share

BoE Expected to Hold Interest Rate

The Bank of England, in its monetary policy meeting later today, is expected to hold interest rates steady, as recent domestic economic data including the slide into deflationary territory have raised doubts over the ability of the economy to rebound strongly from the weakness witnessed in the first quarter. Going forward, tomorrow’s survey report on consumers’ inflation expectations is likely to attract significant market attention. In Europe, focus will solely remain on Greece and developments arising from bailout talks with its international creditors amid the absence of any key economic releases. Across the Atlantic, the unemployment claims data will attract close attention ahead of tomorrow’s non-farm payrolls report.
04 Jun 2015
Share

BoE Expected to Hold Interest Rate

The Bank of England, in its monetary policy meeting later today, is expected to hold interest rates steady, as recent domestic economic data including the slide into deflationary territory have raised doubts over the ability of the economy to rebound strongly from the weakness witnessed in the first quarter. Going forward, tomorrow’s survey report on consumers’ inflation expectations is likely to attract significant market attention. In Europe, focus will solely remain on Greece and developments arising from bailout talks with its international creditors amid the absence of any key economic releases. Across the Atlantic, the unemployment claims data will attract close attention ahead of tomorrow’s non-farm payrolls report.