For what it's worth, the BoE statement has been interpreted as being hawkish and markets are now pricing in 0.5% hikes for each of the next three meetings to end the year above 3%. (View Post)

The FED raises rates by 0.75%. Presumably that increases the chances of a 0.5% hike by the BoE tomorrow. (View Post)

What we will almost certainly be able to say after today is that the majority of the Commons does not have confidence in the Prime Minister. That will make governing extremely challenging, regardless… (View Post)

The Tories having a confidence vote, only for Boris to win in a reasonably close vote, has to be the best possible outcome for the Opposition. (View Post)

Nah quantitative tightening is the order of the day, it's already started with £30bn of government bonds maturing not being reinvested. The US is about to follow suit. Central banks can't loosen poli… (View Post)