Risk remain to a later BoE rate hike - RBS

FXStreet (Bali) - According to RBS, risks remain tilted towards a later first BoE Bank Rate hike, but becoming more balanced after last week's BoE inflation report.

Key Quotes

"RBS BoE Bank Rate forecast remains for the first 25bp hike in Q1 2016, with Bank Rate at 1.25% at end-2016. Risks remain tilted towards a later first Bank Rate hike, but becoming more balanced (Feb Inflation Rpt saw some 'hawkish' push-back from BoE)."