14 May 2014
The BoE’s QIR will take centre stage today – Danske Bank
FXStreet (Edinburgh) - Jens Pedersen, Analyst at Danske Bank, underlines the relevance of today’s release of the Quarterly Inflation Report by the BoE.
Key Quotes
“In the UK Bank of England May inflation report is released”.
“Focus will be on the updated assessment of the amount of slack in the UK economy, as it represents a crucial part of the updated forward-guidance framework”.
“Given the recent strength in UK data, we expect the tone to be a bit more upbeat and thereby less slack to be projected in the economy”.
“UK unemployment data are also released and we expect a decline in the unemployment rate after it showed a large fall in February”.
Key Quotes
“In the UK Bank of England May inflation report is released”.
“Focus will be on the updated assessment of the amount of slack in the UK economy, as it represents a crucial part of the updated forward-guidance framework”.
“Given the recent strength in UK data, we expect the tone to be a bit more upbeat and thereby less slack to be projected in the economy”.
“UK unemployment data are also released and we expect a decline in the unemployment rate after it showed a large fall in February”.