Jul 8
BOE Preview: June interest rate decision
MPC is expected to vote unanimously to leave rates on hold at 0.5% and leave the QE programme size unchanged at GBP 125bln Today’s announcement is unlikely to spring any major surprises with focus again on discussions surrounding the QE program following the Bank’s brief statement on June 4th that the current programme would take another 2 months to complete. Recent economic data The MPC will likely pay note to the glimmers of improvement that have been seen in various economic indicators