Monitor UK MPC Member McCafferty's speech for insights on future interest rate directions, crucial for Forex markets.
Members of the BOE MPC cast votes on the appropriate setting for the nation's key interest rates, and their public appearances often contain hints about future monetary policy decisions; MPC voting member from September 2012 to August 2018.
What it Measures
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Usual Effect
A more hawkish stance than anticipated is favorable for the currency.
Source & Frequency
Bank of England (latest release) - https://www.bankofengland.co.uk/
How Data is Derived
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Also Known As
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Acronym
Bank of England (BOE), Monetary Policy Committee (MPC)