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Results: listing 19 - 24 of 327 for “Bank of England”

UK Comment — Labour market numbers leave BoE on track for May hike

  1. Unemployment rate down to 4.2%, beating the consensus
  2. Total pay unchanged at 2.8% (consensus: 3.0%); regular pay up to 2.8% from 2.6% (consensus: 2.8%)
  3. In line with BoE expectations

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

UK Comment — PMI surveys signal slower GDP growth in Q1

  1. Services sentiment much weaker than expected, albeit partly weather-related
  2. New orders, activity and employment weaker
  3. We anticipate that the BoE's expectations are mostly unchanged; we continue to expect a rate hike in May

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

UK Comment — No change to policy from the BoE, but 7-2 vote could indicate next rate increase is close

  1. No change to policy; vote to keep bank rate unchanged was 7-2
  2. Outlook broadly unchanged
  3. We reiterate our expectation of a rate increase in May

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

UK Comment — Data supports rate hike in May from the Bank of England

  1. Labour market data stronger than market expectations
  2. New information overall in line with BoE expectations
  3. No change to policy tomorrow, but watch for possible hints of a May hike

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

UK Comment — January CPI inflation in line with the Bank of England's expectation

    CPI inflation unchanged at 3.0 percent in January, CPI core inflation up to 2.7 percent from 2.5 percent in DecemberUK CPI inflation was unchanged at 3.0 percent y-o-y in January. This was in line with the Bank of England’s expectation, but slightly higher than the consensus expectation of 2.9 percent. Core inflation increased to 2.7 percent in January from 2.5 percent in December and beat the consensus expectation of 2.

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

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

  1. Policy rate unchanged at 0.5% and QE programme also unchanged. Decision was unanimous
  2. Forecast for real economy revised up
  3. MPC expects policy tightening sooner and to a greater extent

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