Bank of England Review – Removing the Tightening Bias

At today’s monetary policy meeting the BoE left the Bank Rate unchanged at 5.25% as widely expected. The BoE explicitly removed its tightening bias and signalled a shift to a more neutral stance on monetary policy. The reaction in EUR/GBP was muted with EUR/GBP set to end the day higher. As expected, the Bank of […]

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