Bank of England Outlook Today: Rates on Hold, Forward Guidance Crucial for Pound Sterling

Bank of England Outlook Today: Rates on Hold, Forward Guidance Crucial for Pound Sterling
February 1, 2024 – Written by Tim Boyer

Bank of England Outlook Today: Rates on Hold, Forward Guidance Crucial for Pound Sterling

The Bank of England (BoE) Monetary Policy Committee (MPC) will announce the latest interest rate decision on Thursday February 1st.

  • There are very strong expectations that interest rates will be held at 5.25% at the meeting.
  • It will be a major surprise if there is a decision to raise or…
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