European Economic News Preview: Bank Of England Policy Announcement Due
10 Maio 2023 - 9:22PM
RTTF2
The monetary policy decision from the Bank of England is the
major event due on Thursday.
The BoE is set to raise the benchmark interest rate by 25 basis
points to 4.50 percent. The announcement is due at 7.00 am ET.
The bank is also set to publish its quarterly monetary policy
report that highlights the economic outlook and inflation
projections.
No other major statistical reports are due on Thursday.
At 3.00 am ET, the Czech Statistical Office publishes consumer
price data for April. Inflation is forecast to ease to 13.3 percent
from 15.0 percent in March.
At 6.00 am ET, consumer price figures for April are due from
Ireland. Prices had increased 7.7 percent annually in March.
At 8.00 am ET, the National Institute of Economic and Social
Research publishes UK GDP tracker.
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