BoE’s Super-Thursday: Mark Carney’s Live Speech on Interest Rate decision

The Bank of England will meet later today and it is expected to leave the monetary conditions unchanged, with the refi rate at 0.50% and the asset purchase facility at £435 billion.

Furthermore, consensus sees the MPC members voting 9-0 in favour of the current status quo.

In addition, the ‘Old Lady’ will discuss the Inflation Report, where a re-assessment of inflation figures and economic growth for the upcoming periods is also expected. At his press conference, Governor Mark Carney should deliver a cautious/hawkish message, according to prior surveys.