BOE to remain in wait-and-see mode on Thursday - Barclays

Barclays’ Research Team is out whether expectations on the Bank of England (BOE) policy deicison due to be announced tomorrow.

Key Quotes:

“Overall we expect the Bank to remain in wait-and-see mode after its November hike and refrain from revising its communication in the absence of relevant events or data since the last inflation report.

Emboldened by constructive sentiment and healthy Q4 growth, it might be open to discussing an alternative tightening path.

However, we would see that as an unnecessary risk and instead we retain our call for a next hike in November 2018.”