cover of episode UBS On-Air: Paul Donovan Daily Audio 'Cuts with a British accent?'

UBS On-Air: Paul Donovan Daily Audio 'Cuts with a British accent?'

2024/8/1
logo of podcast UBS On-Air: Market Moves

UBS On-Air: Market Moves

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Shownotes Transcript

The Bank of England’s rate decision is due. Unlike some other central banks, the BoE has a tradition of dissent and disagreement. Arguably this produces better quality decisions (that is only true if the BoE agrees with my view and cuts rates). Disinflation forces argue that the bank should lower rates to prevent unnecessary real policy tightening, which would be a relief for the minority of households with a mortgage.