European Economics Preview: Bank Of England Rate Decision Due
September 13 2017 - 8:59PM
RTTF2
Interest rate announcement from the Bank of England is due on
Thursday. The Swiss National Bank is also set to announce its
monetary policy assessment.
The BoE is widely expected to keep its interest rate at a record
low 0.25 percent and asset purchase plan unchanged at GBP 435
billion.
At 2.00 am ET, the European Automobile Manufacturers'
Association is scheduled to issue Europe's new car registrations
for August. Sales had increased 2.1 percent in July.
In the meantime, Statistics Finland publishes consumer price
data.
At 2.45 am ET, France's final inflation data is due. Final
inflation for August is seen at 0.9 percent, unchanged from
preliminary estimate.
At 3.30 am ET, the Swiss National Bank is set to publish the
outcome of its monetary policy meeting. The bank is expected to
hold the interest rate on sight deposits at -0.75 percent and the
target range for the three-month Libor between -1.25 percent and
-0.25 percent.
Sweden's unemployment data is due for August. The jobless rate
is forecast to fall to 6.4 percent in August from 6.6 percent in
July.
At 5.00 am ET, Greece unemployment data is due for the second
quarter. The jobless rate stood at 23.3 percent in the first
quarter.
At 7.00 am ET, the Bank of England releases the outcome of its
monetary policy meeting as well as minutes.
In the meantime, Turkey's central bank announces its rate
decision. The bank is forecast to hold its benchmark rate at 8.00
percent.
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