BoE to maintain status quo and remove hawkish twist – Danske Bank

In view of the research team at Danske Bank, today in the afternoon, attention turns to the Bank of England (BoE) meeting, which includes policy announcement, minutes, the Inflation Report and a press conference.

Key Quotes

“We do not expect any policy changes - hence, the interesting part will be the policy stance after the neutral stance was maintained but included a hawkish twist at the latest meeting. We expect the BoE to remove this hawkish twist again as GDP growth slowed to 0.3% q/q against its nowcast of 0.6%.”