BOE’s Hogg: MPC must be clear about its intentions when unwinding QE

More comments flowing in from the newly appointed BOE MPC member Hogg, as she continues to make her first speech in Parliament.

Key Points:

When unwinding QE, BOE will do so in a way that is mindful of the need to maintain orderly markets

MPC must be clear about its intentions when unwinding QE in order to avoid an ‘unintended move’ in gilt yields

EUR/USD consolidative between 1.0500 and 1.0680 – UOB

FX Strategists at UOB Group noted the pair remains poised to extend its sideline theme between 1.0500 and 1.0680 in the near term. Key Quotes “Inste
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Italy Consumer Price Index (YoY) rose from previous 1% to 1.5% in February

Italy Consumer Price Index (YoY) rose from previous 1% to 1.5% in February
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