BOE Hikes 25bps In Three Way Split, Keeps Forward Guidance For More Hikes
August 03, 2023 at 07:28 AM EDT
With the market split ahead of today’s BOE decision whether the central bank would hike 25 or 50bps (markets priced in a 1-in-3 chances of another 50 basis point jump following last month’s 50bps hike), moments ago the mystery was settled when the BOE raised the key rate by a dovish quarter point to 5.25%, […] Source