Focus on BoE meeting later tonight (7pm SG/KL time), which also sees the release of Minutes and Quarterly Inflation

GBL: Global Markets Daily

FX Research by Saktiandi Supaat

How Much Will BoE Ease?

Focus on BoE meeting later tonight (7pm SG/KL time), which also sees the release of Minutes and Quarterly Inflation Report. We are expecting a 25bps cut but the extent of additional stimulus will be the key focus and is based on Committee’s updated forecast (which is expected to be included in the QIR). We do see rising risks of asset purchases potentially targeted at private sector as a mean of credit easing but this is not our base case scenario at this meeting unless ...