BOE May Need to Tighten Policy More Aggressively - News Summed Up

BOE May Need to Tighten Policy More Aggressively


BOE May Need to Tighten Policy More Aggressively1110 GMT - Recent economic data suggest that the Bank of England may need to tighten monetary policy more aggressively to fight inflation, Saxo Bank says. "Jobs figures and inflation data showed the BOE might need to be more aggressive in tightening the economy," it says. ---Safestore 1Q Revenue, Occupancy Rose on Strong U.K. (philip.waller@wsj.com)UK 10Y Gilts Gain on Fresh Russia-Ukraine Concerns1119 GMT - U.K. government bonds gain Thursday on fresh concerns over a potential war between Russia and Ukraine. (anthony.orunagoriainoff@dowjones.com)UK January Inflation Data Is Unlikely to Change Policy Action1059 GMT - The modest U.K. inflation upside surprise in January is unlikely to change monetary policy action, HSBC says.


Source: Wall Street Journal February 17, 2022 17:56 UTC



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