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Results: listing 1 - 6 of 294 for “Bank of England”

UK Comment — Dovish hike from the Bank of England

  1. The MPC voted 7-2 to increase the bank rate to 0.5 percent, the vote to leave QE unchanged was unanimous
  2. Outlook little changed, hawkish language toned down
  3. 'One and done', we argue

Kari Due-Andresen, Chief Economist Norway | kadu01@handelsbanken.no

UK Comment — Close call for the Bank of England

  1. Surprisingly hawkish signals from the BoE has made the market expect a hike next week
  2. A bad decision, in our view, but some members will probably want to hike
  3. Close, but we believe the majority of the MPC will prefer to wait for more proof

Marius Gonsholt Hov, Senior Economist | maho60@handelsbanken.no

UK Comment — UK GDP growth stronger than expected in Q3 at +0.4% q-o-q

  1. GDP growth at +0.4% in Q3, up from 0.3% in Q2
  2. Growth buoyed by services and manufacturing, while construction output fell for the second quarter in a row
  3. Figures should not weigh too heavily on the BoE’s decision next week

Kari Due-Andresen, Chief Economist Norway | kadu01@handelsbanken.no

UK Comment — UK PMIs suggest little momentum in GDP, but strong labour market

  1. Slight improvement in services PMI, but with few details
  2. Manufacturing and construction PMIs fell back in September
  3. Little momentum in overall activity, but increasing price pressures

Kari Due-Andresen, Chief Economist Norway | kadu01@handelsbanken.no

UK Comment — A markedly more hawkish tone from the Bank of England

  1. More weight put on tight labour market
  2. Trade-off between weak real economy and high inflation seen as less pronounced
  3. Majority expects policy tightening to be appropriate over coming months

Kari Due-Andresen, Chief Economist Norway | kadu01@handelsbanken.no

UK Comment — Bank of England preview

  1. Economic news mixed; wage growth weak, but inflation surprising to the upside, little momentum in GDP
  2. Majority on MPC should be in no hurry to raise rates...
  3. ...but minority wanting to raise the bank rate now may have increased from 2 to 3

Kari Due-Andresen, Chief Economist Norway | kadu01@handelsbanken.no