On Wednesday (22 April 2015) we'll get the minutes of the Bank of England monetary policy meeting back on April 9.
The decision was unsurprising:
The Bank of England's Monetary Policy Committee at its meeting today voted to maintain Bank Rate at 0.5%. The Committee also voted to maintain the stock of purchased assets financed by the issuance of central bank reserves at £375 billion.
The minutes are expected to show that there is some disagreement amongst the members of the committee on the near-term outlook for monetary policy. Some are more keen to hike than others. This despite headline inflation remaining around 0.0% y/y for March, while core inflation dipped to 1.0% y/y. Those wanting a hike (not now, but not too far off) cite the transitory nature of several factors keeping inflation low at present (oil price drops and the strength of GBP vs the euro).
Still, its likely the vote was 9-0 to keep rates unchanged.
The Minutes will be published at 9.30am London time on Wednesday 22 April 2015. That's 0830GMT.
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OK, now before Wednesday we've got the RBA April Minutes coming up at 0130GMT today ... i.e. soon!
I've posted on these already this morning,as well as on Reserve Bank of Australia governor Stevens comments overnight. But, if you've missed 'em .... here you go (previews are down the bottom of this list):
Overnight Stevens spoke:
- RBA's Stevens says board has clearly signalled rates could be cut again
Stevens in the Q&A:
- Further forex adjustment may lie ahead
Recaps from the various news services:
- RBA governor Glenn Stevens says Sydney house prices are 'exuberant' but more rate cuts may come
- Aust dollar sinks on RBA comments
Bloomberg and Reuters:
- Stevens Says Rate Cut Still Possible, Aussie Very Likely to Fall
- Australia's RBA willing to ease, but caution needed
Wall Street Journal (gated):
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Earlier orderboard levels are here
Oh, and a preview of the Reserve Bank of Australia April meeting Minutes, due for release at 0130GMT (21 April 2015).
More preview: 2 bank previews of the RBA today
