BOE not expected to rock the boat later today ...Middle East

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BOE not expected to rock the boat later today
After a surprise pause in September here, the BOE has gotten away with making their job a little easier in communicating today's policy decision. The thinking previously was to get one more rate hike in as they could still get away with it. But now that ship has sailed and we're left staring at another decision where the central bank is to keep its bank rate unchanged at 5.25%.And with price pressures trending lower as a whole, that is working to their favour in having announced a pause in September. As such, there is no need to change the status quo for now.There shouldn't be any surprises as the BOE is likely to reaffirm that rate hikes are doing their job and will take some time to see th

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