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-6.74588260237359E-05 -6.74588260237359E-05 0.000125280676901048 -0.000645677334798224 -0.00035656808041098 -0.00045293783187344 -0.000260198328948519 0.00224541520907408
Stock impact report

Bank of England seen holding interest rates: Bloomberg [Seeking Alpha]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
Company Research Source: Seeking Alpha
All but one of 60 economists surveyed by Bloomberg expect the Bank of England's Policy Committee to keep the benchmark interest rate at 0.75% when its decision is announced on Thursday. While the U.K economy shows signs of slowing, strong wage data suggests inflationary pressures are building. On top of that, there's the uncertainty of Brexit. “The policy backdrop has deteriorated somewhat since their November meeting -- in particular with regards to activity data and political uncertainty -- so the MPC might come out with a slightly more cautious tone,” TD Securities economist James Rossiter writes in a note. Bloomberg Economics says the BOE could raise rates as early as May if a Brexit settlement is reached. Previously: British pound extends decline as Brexit path no less clear (Dec. 14) ETFs: FXB , EWU , GBB , DBUK , FKU , DXPS , HEWU , QGBR , DGBP , FLGB , UGBP Click to subscribe to real-time analytics on DBUK Now read: Markets Show less Read more
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