- An overview of BoE's highly divisive rate decision.
- BoE keeps rates on hold in a 7-2 vote like December.
- Favour buying Sterling dips, but mindful of Brexit deadlines.
An overview of the BoE's highly anticipated rate decision, which ended in a 7-2 hold unchanged from December. August looks to be the next touch point for when the BoE could cut, but the UK economy seems to be on the improve for now. A full rate cut is no longer priced into the curve with only a 97% chance the BoE cut by the end of 2020.
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