Pound Surges After BOE Keeps Rates Unchanged But Chief Economist Unexpectedly Backs Rate Hike
June 21, 2018 at 08:44 AM EDT
While the BOE kept rates unchanged at 0.5% as expected, the market was surprised by both the hawkish undertones of the statement and the surprising addition of Haldane to the list of dissenters (McCafferty and Saunders).