Analysis

BoE Playbook – Divided Decision As Hiking Cycle Draws To An End

19 Mar 2023

This week’s Bank of England decision is an intriguing one, coming at a time not only of mounting concern over the health of the global financial system, but also at a juncture where the MPC have been growing increasingly divided over the appropriate course of action. Consequently, the chances of a surprise are high, and the prospects for increased volatility in UK assets are also lofty.

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