MPC Leaves Market Guessing On UK Rates

MARKET NEWS

LONDON -- The Bank of England's Monetary Policy Committee (MPC) dropped few hints on the future direction of UK interest rates as the members testified before the UK government's Treasury Select Committee (TSC) last week.

However, the policymakers hinted that further interest rate cuts could be made in light of the slowdown in the US economy, analysts said.

Bank of England chief economist and MPC member Charles Bean warned in his address that there is a significant possibility "that the US

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: