BoE: Expect an unanimous vote for unchanged rates – Danske Bank

It is super Thursday in UK today with one of the 'big' Bank of England meetings, which includes the Inflation Report and a press conference, points out Senior Analyst, Mikael Olai Milhøj at Danske Bank.

Key Quotes

“We expect an unanimous vote for unchanged rates and a 'wait-and-see' stance from BoE for now. Markets are pricing the probability of a rate hike already in May by 50/50, which is too hawkish in our view.”

“We will also get a series of ECB speeches and the ECB Monthly Bulletin is released. On the data front we have German trade balance and US initial jobless claims.”