"The Bank of England's Inflation Report may produce fresh highs in the British Pound should the central bank retain the 7% unemployment threshold, while preserving a positive outlook for the U.K. economy. Indeed, the BoE may show a greater willingness to normalize monetary policy sooner rather than later as the U.K. recover gathers pace, and the growing threat of an asset-bubble may encourage the central bank to raise borrowing costs later this year in order to balance the risks surrounding the region. However, BoE Governor Mark Carney may talk down bets for a rate hike in 2014 as inflation falls back to the 2% target, and the Monetary Policy Committee (MPC) may lay out an interest rate forecast similar to the Federal Reserve in an effort to better-manage market expectations."
Posted-In: News Futures Forex Global Economics Markets
(c) 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Most Popular Earnings Expectations For The Week Of February 10: AIG, Cisco, Deere, PepsiCo And More 5 Companies Google Should Acquire Next Steve Wozniak Wants Apple To Release An Android Phone Barron's Recap: Best Mutual Fund Families CVS vs. Altria - Which Would You Rather Invest In? Mid-Day Market Update: AutoNavi Surges On Alibaba Offer; Boardwalk Pipeline Shares Fall Related Articles (EWU + FXB) British Pound to Target Fresh Highs as BoE Preserves Forward-Guidance -David Song, Currency Analyst at DailyFX British Pound Spikes Higher As U.K. Unemployment Falls To 7.1 percent Around the Web, We're Loving... Lightspeed Trading Presents: Thunder and Tubleweeds: Trading Techniques for the New Market Enviroment Pope Francis Rips 'Trickle-Down' Economics Come See How the Pro's Trade in this Exclusive Webinar Wynn, MGM, Other Casino Giants Vying For U.S. Turf What Should You Know About AMZN? View the discussion thread.
No comments:
Post a Comment