Bank of England: what did the vote tell you?

FTC Community TeamStaff96 views

The Monetary Policy Committee's decision on 17 September came with a split vote and a statement the market read closely (preview).

Bank of England: what did the vote tell you? — central bank rate path diagram
A central bank's policy rate path across recent meetings

Let's talk it through:

  • what the vote split tells you about the path ahead
  • how sterling behaved around the announcement
  • which part of the statement changed your view
Bank of England: what did the vote tell you? — risk-reward diagram
A risk-reward ratio of 1 to 2

Reasoning only, please. The interest rates guide is the background.

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