BOE officials vote 5-4 to keep rates on hold, first pause in almost 2-years
Traders are no longer fully pricing in anymore quarter point rate rises
Global bond market selloff saw Gilts rise 8.4bps to 4.292%
The British pound went into freefall mode after the BOE unexpectedly kept rates on hold. The outlook has dramatically changed in a few weeks and investors are concerned about growth prospects. BOE governor Bailey noted that it's premature to talk about rate cuts and right now it seems t
Sep 21, 2023
by Edward Moya
