BOE’s Ramsden: We are not making any commitments on where rates will be

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  • Rates are to stay restrictive for an extended period of time
  • The path of rates will be data dependent

Just some token remarks there as they are trying to keep the door open for rate hikes but similar to the ECB, they are most likely done with tightening policy at this stage.

This article was written by Justin Low at http://www.forexlive.com.      



Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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