BoE: Expect a policy announcement alongside Tuesday's biannual FSR - TDS

Research Team at TDS, notes that the FPC met on 28 Jun to set policy while Governor Carney's 30 Jun speech hinted that we could expect a policy announcement alongside Tuesday's biannual FSR.

Key Quotes

“A delay of the CCYB increases is most likely, but as Carney hinted in his speech, the BoE is thinking broadly in terms of policy response. The press conference will give the Governor another opportunity to address the fall-out from the referendum, but don't expect much on the monetary policy side - that will have to wait until the following week when the MPC meets to set policy.”