"The Bank of England’s Monetary Policy Committee will meet this week. It will be its first opportunity to discuss the economic recovery from the Coronavirus Pandemic since early August.
The committee has undergone something of a move towards a more hawkish stance with the introduction of a new external member in Catherine Mann and the arrival of Huw Pill as Chief Economist, replacing Andrew Haldane.
Haldane was expected to take up a new role as Chief Executive of the Royal Society of Arts, but it was announced at the weekend that he will be the Government’s new levelling up guru.
The Bank of England’s Monetary Policy Committee will meet this week. It will be its first opportunity to discuss the economic recovery from the Coronavirus Pandemic since early August.
Both Pill and Mann are on record as commenting that the Bank of England should begin to withdraw additional support for the economy sooner rather than later.
"
Beyond Currency Market Commentary:
Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.