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Podcast: Beyond Currency
Episode: 19 March 2021 - No change in interest rates or future indicators
Description: "The Bank of England MPC meeting which concluded yesterday was not dissimilar in outlook to that of the FOMC eighteen hours or so earlier.
The Bank has confidence in its own actions and almost more importantly supports the stimulus delivered in the Budget.
The only cautionary note is the fact that the budget was more supportive of the economy than a package of stimulus measures designed to combat any soft patch going forward.
Price action across most financial markets showed that the majority of traders and investors had priced in no change to either official rates or the level of...