08 May 2018
this Thursday, on May 10th at 11am GMT Bank of England meeting will be held to make decision on interest rate.
Bank of England is the central bank of the United Kingdom, which sets key interest rates for financial markets of the country and influences monetary policy of the Kingdom.
FreshForex analyst tells what to expect from this meeting:
"Bank of England (BoE) will leave the interest rate unchanged but may declare rate hike of 0.25% in autumn. Employment and energy prices in Great Britain are rising, which is likely to cause high inflation growth in summer, and BoE will raise interest rate to fight the inflation. On Thursday consider buying GBP/JPY, GBPUSD and selling EUR/GBP."
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