BoE likely to remain on sidelines – TDS

Analysts at TD Securities are expecting the BoE to remain quiet on the sidelines on Thursday as Brexit uncertainty peaks, with a unanimous 9-0 no-change policy meeting.

Key Quotes

“The economy is broadly tracking in line with their Feb forecasts.”

“With Brexit headlines intensifying, and the FOMC tonight, markets remain fluid ahead of tomorrow's BoE meeting.”

“We do not expect this month's MPC to provide GBP with a major directional push as Brexit concerns dominate.”