BoE Rate --- Up or Unchanged?

https://www.exchangerates.org.uk/ne...rency-exchange-rate-news-for-gbp-and-usd.html
Pound To Dollar Exchange Rate Outlook: BoE And FOMC Meetings Ahead

• Modified: Oct 29, 2017
• Written by Colin Lawrence
• A look ahead at the key news and forecasts for GBP and USD this week

The Pound Sterling to US Dollar exchange rate was on soft form on Friday, weakening thanks to persistent fears the Bank of England (BoE) may back away from hiking rates in November.
Thursday’s poor retail data undermined hopes that monetary tightening is set for the policy meeting next month, which would have taken interest rates above record lows and back to the level seen before the Brexit referendum.
But data from the Confederation of British Industry (CBI) on Thursday showed the biggest fall in retail sales since the end of the Financial Crisis.
Markets were also worried that, even if the Bank of England did vote to hike in November, that the move would be the only instance of tightening and not the beginning of a normalisation cycle that would continue in 2018.

GBP to Remain Weak ahead of Bank of England Interest Rate Meeting?

There are plenty of UK developments on the calendar over the coming days to keep the GBP/USD exchange rate on volatile form.
Monday’s consumer credit and mortgage approvals data and Tuesday’s consumer confidence figures are likely to be overlooked, given the Bank of England meeting happening on Thursday.
Wednesday’s Markit manufacturing PMI may still carry some clout, however, as markets will be eager to see how the UK economy was performing as the final quarter of the year began.
‘Super Thursday’ could live up to the name – for the first time, some might argue – thanks to the combination of the rate decision, meeting minutes and publication of the latest Inflation Report.
If the Bank of England doesn’t hike interest rates, or does hike but states that there are unlikely to be further moves higher, then the Pound could at best remain sluggish and at worst plummet.
Friday rounds off the week with the vital UK services PMI; should the UK’s key sector have slowed in October, Sterling is likely to tumble.

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https://www.cnbc.com/2017/08/03/bank-of-england-rate-decision.html
Bank of England holds rates steady, forecasts two hikes over next three years

• The Monetary Policy Committee (MPC) voted by a majority of 6-2 to keep rates at record low levels in August.
• The U.K.'s central bank maintained stock levels of government bonds and corporate bonds at £435 billion and £10 billion respectively.
• The MPC also said it forecast two interest rate hikes over the next three years, one more than it had estimated previously.

Sam Meredith | @smeredith19
Published 7:01 AM ET Thu, 3 Aug 2017  Updated 8:29 AM ET Thu, 3 Aug 2017