The Bank of England is meeting next week. At the last interest rate meeting, BoE’s Cunliffe held back against the idea of hiking interest rates lest the UK consumer feels the price pinch too much; the risk was that the BoE would hike interest rates too fast, too soon.

At next week’s meeting, the BoE will face even harder challenges. This video explains why the BoE may not hike interest rates next week, what kind of trading opportunities to look out for, and which currency pairs are worth watching ahead of the Bank of England meeting.


HYCM Lab is a financial analysis source that provides regular insights on how global news affects the markets including forex, commodities, stocks, indices, and cryptocurrencies*. Run by the HYCM team, it equips traders with everything needed to make informed trading decisions.