BOE On Hold, See You In May

BOE On Hold, See You In May

There was "an outside chance" the BoE would hike on Thursday, or at least according to MUFG analyst Lee Hardman. “The conditions for a hike in May have been met so why wait?”, Hardman asked, before answering his own question as follows: "policy makers may not want to signal an even faster pace of rate hikes this year of up to three." A May hike is now a virtual certainty - or at least according to markets. “In BOE speak, higher wages point to upside risks to domestically generated infl
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