Flash Review: BOE Surprises The Market By Keeping Its Interest Rates Unchanged In November

By Brunello Rosa

4 November 2021

In this paper we discuss:

1. The BoE’s latest assessment of the UK economy;
2. What the BOE decided in November and could do in coming months;
3. How the BOE altered its growth and inflation forecast in November;
4. Why the market was surprised by today’s decision; and
5. The market implications of all the above.

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