Pantheon Macroeconomics - Markets have interpreted the Monetary Policy Committee's "Super Thursday" releases as an endorsement of their view that interest rates will remain on hold for another year. We think the Committee's communications were more nuanced and believe the door is still open to an interest rate rise in the second quarter of next year.

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6 Nov. 2015 Markets Ignore Inflation Report's Hawkish Undertones

By Samuel Tombs

Markets have interpreted the Monetary Policy Committee's "Super Thursday" releases as an endorsement of their view that interest rates will remain on hold for another year. We think the Committee's communications were more nuanced and believe the door is still open to an interest rate rise in the second quarter of next year.

Posted: 6th Nov 2015 in 'UK Documents'

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