Europe | Monetary Policy & Inflation | UK
BoE React: Hawkish Forecasts, Dovish Tone; A Hard Sell
- By Henry Occleston
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- 3 min read
Summary
- The BoE hiked 25bp as expected and hawkishly revised their forecasts– in line with broad expectations.
- The tone of the presser was aimed (as we had expected) at tacking a dovish tone to caveat the apparent hawkishness of the forecast revisions.
Summary
- The BoE hiked 25bp as expected and hawkishly revised their forecasts– in line with broad expectations.
- The tone of the presser was aimed (as we had expected) at tacking a dovish tone to caveat the apparent hawkishness of the forecast revisions.
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