The BoE kept Bank rate unchanged at 3.75%, as widely expected. On the one hand, 3 MPC members now call for a hike. On the other, the BoE now recognises that the risk to inflation is less imminent and has lowered its inflation outlook. We continue to see the BoE remaining on hold this year […]The post Bank of England Review – Policy Outlook Highly Dependent on Situation in Middle East appeared first on ActionForex.