Preview of the Bank of England Monetary Policy Committee meeting today, with a heap of info at 1100GMT:
- Policy announcement
- Minutes of the meeting
- And the latest quarterly Inflation Report
The fun don' be done … half an hour later we get Governor Carney's press conference. In which he will not be inserting his foot into his mouth (you paying attention, Jay?)
Earlier previews:
- Bank of England preview
- Coming up this week - Bank of England policy meeting
- TD on this week's Bank of England meeting
- Bank of England meet on Thursday May 2 - preview
Spoiler - no change is expected and about the most interesting thing will be if on of the MPC dissents. If anyone cares.
BNZ have a nice preview, real quick and to the point:
- The Bank of England publishes updated forecasts and policy outlook … Given that the "fog of Brexit" has yet to clear and has only been pushed out to October, we're unlikely to see the Bank's policy assessment to change much, although it seems the market is nervous about the BoE adopting a slightly more hawkish stance.
- If not for Brexit, with inflation near target and the economy performing fine despite the Brexit uncertainty the BoE would be cranking up rates.
BoE Gov Carney will be heading home soon.
