FLASH: BoE meets low expectations in Sep-18
- The MPC voted unanimously for no policy change in September, as widely expected after its recent rate hike. Forecast tweaks have matched my own, with the outlook still seen broadly in line with the August assessment and the case to keeping hiking.- Brexit remains a focus for the BoE, especially amid high uncertainty among financial market participants. That should resolve in the next couple of months, which helps clear the way for the Feb-19 rate hike in my forecast.
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