The latest Reuters poll shows Bank of England rate hike is not seen happening before Q1 2017.

Respondents have now pushed back its first hike now to Q1 2017 from Q4 2016. 45% see a hike by end of 2016 vs 55% in Jan poll.

Respondents also said BOE rates are to remain unchanged at next week’s MPC.

The latest Reuters poll shows Bank of England rate hike is not seen happening before Q1 2017.

(Market News Provided by FXstreet)

By FXOpen