Why BoE is Expected to Ease and ECB is Not

Both the Bank of England and the European Central Bank will be making monetary policy announcements on Thursday. The market expects the ECB to remain on hold and BoE to increase their asset purchase program by GBP 50 billion. A quick look at the following tables explain why the BoE is expected to ease and the ECB is not. Since the last monetary policy meeting, Eurozone economic data was neutral / mixed to bullish. U.K. data on the other hand was neutral / mixed to bearish.

4 Comments

  1. Hi

    How has the Eurozone economy fared since this post in Feb? Appreciate any comments since it looks like we got much trouble in EZ. Do you update more often elsewhere? Many thanks in advance

    Regards

    Gomar

    Reply

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