Flash Review: BOE Remains On Holds and Discards Negative Rates (for Now)

By Brunello Rosa and Farah Aladsani

6 August 2020

In this report we discuss:

• The recent assessment of the UK and global economy by the BoE;
• What the BoE decided at its MPC meeting in August;
• How the MPC altered its growth and inflation forecasts in the new MPR;
• What the BOE said regarding negative policy rates;
• What we expect the BoE to do in coming months;
• What the August Financial Stability Report warned about; and
• The market implications of all the above.

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Download PDF: R&R BOE Flash Review – August 2020