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Monday 31 October 2016

EU - BOE Meeting, GDP Data Highlight Week Ahead in Europe: TheStreet

Published on Oct 30, 2016
The Bank of England holds a policy meeting on Thursday, but the BOE doesn't have a lot of room to maneuver on interest rates right now, according to Antonia Oprita, senior editor at Real Money. Oprita believes the bank is unable to lower rates further because inflation is starting to rise. Also next week, preliminary GDP numbers for the Eurozone will be released and Oprita says some of the EU countries have been reported strong data ahead of that report.

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