BoE's pre election period - TDS

FXStreet (Guatemala) - Analysts at TD Securities explained that the BoE Minutes are coming up next week on Wed 22 April.

Key Quotes:

"We look for another 9-0 vote from these minutes, with no big fireworks from the BoE into the UK elections."

"In fact, with the BoE in a pre-election purdah period, this is all we’re going to hear from the BoE on the topic of monetary policy until the Inflation Report on 13 May."

"We should hear more of the same, with no sense of urgency to react to the temporarily low inflation readings with monetary policy."