31 Jan 2014
Flash: BoE to hike in 2015 Q1? - Scotibank
FXstreet.com (Guatemala) - Camilla Sutton, CFA, CMT, Chief FX Strategist at Scotiabank noted expectations from the market with regard to the first interest rate hike from the BoE.
Key quotes:
" There was no reaction to Governor Carney con firmation that the market pricing of an interest rate hike in Q1 15 is in line with the BoE’s expectations. Fundamental data was mixed, with consumer credit below expectations; net lending on dwellings above and softer than expected money supply."
Key quotes:
" There was no reaction to Governor Carney con firmation that the market pricing of an interest rate hike in Q1 15 is in line with the BoE’s expectations. Fundamental data was mixed, with consumer credit below expectations; net lending on dwellings above and softer than expected money supply."