BNP Paribas Analysts Surprised by BOE Dissent for Larger Hike
BNP Paribas analysts say they expected an 8-1 split but were surprised that the dissent favored a 50-basis-point hike. The BOE raised its bank rate by 25 basis points to 4%.
BNP Paribas analysts say they expected an 8-1 split but were surprised that the dissent favored a 50-basis-point hike. The BOE raised its bank rate by 25 basis points to 4%.