Thursday, 2 November 2017

Bank of England Hikes Rates to 0.5 Percent

Bank Of England Hikes Rates To 0.5% In 7-2 Vote; First Rate Increase In Over 10 years. BOE hikes, but details don't suggest another is coming soon. Rates mkts now pricing Sept18 vs Aug18 for next hike. Call it a 'dovish hike.'
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