Coming up later this week, on November 5, BoE
- Policy announcement comes at 1200GMT
- Governor Bailey speaks at 1230 (press conference)
I’ll have more upon approach, but a real quick heads up of what is likely:
- Most analysts expect the MPC to raise the asset purchase target
- Minimum expectations are by around an additional 100m GBP (to take the total to 845m GBP)
- Nothing further re discussion on negative rates is likely
