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12 May 2016
Key Events coming up: BoE is the highlight - Westpac
Analysts at Westpac noted the key events taking place today.
Key Quotes:
"The Bank of England should keep rates at 0.5%, with policy firmly on hold ahead of the UK EU exit vote.
At the last meeting, markets were watching for dovish dissents though the vote was ultimately 9-0. The quarterly Inflation Report will also be released. Governor Carney holds a press conference after the meeting.
Cleveland Fed president Mester (hawk/centrist, voter) speaks on inflation though the event is not open to the press. We hear from two other Fed voters, Rosengren (dove) and George (hawk) on the economy."