20 June 2018
this Thursday, on June 21st 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:
"Today Bank of England may announce rate hike in autumn because high petrol prices along with growing average earnings are likely to trigger inflation growth. Rate hike will allow to restrain consumer prices growth. On Thursday consider buying GBPUSD, GBPJPY, GBPCHF."
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