Part IV: A New Framework to Predict Probability of Monetary Policy Pivots Summary The fourth installment of this series develops a new framework to quantify episodes of monetary policy pivots. We also present a probit regression to predict the probability of a policy pivot during the next two quarters. In our view, accurately predicting periods […]
We expect the Bank of England (BoE) to keep the Bank Rate unchanged at 5.00% on 19 September in line with consensus and market pricing. Overall, we expect the BoE to stick to a cautious language and deliver a dovish twist to its communication. We expect the reaction in EUR/GBP to be rather muted with […]
The post Bank of England Preview – Proceeding With Caution appeared first on Action Forex.
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