JPMorgan's Stealey Expect BOE to Hold Interest Rates
Market Intelligence Analysis
AI-PoweredJPMorgan's Iain Stealey expects the Bank of England to hold interest rates due to low inflation expectations, despite potential for further action.
Market impact analysis based on neutral sentiment with 80% confidence.
Article Context
Iain Stealey, JPMorgan Asset Management fixed income international CIO, discusses the Bank of England's monetary policy and what to expect from today's interest rate decision. "They're not going to do anything," he tells Bloomberg Television. "I think this is an environment where the Bank of England could do a little bit more, but they need to see inflation come down," Stealey adds. (Source: Bloomberg)
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