Monitor UK MPC Member Saunders' speech for insights on future interest rate trends, crucial for Forex markets.
Members of the BOE Monetary Policy Committee cast votes on the appropriate levels for the country's key interest rates. Their public appearances often provide hints about upcoming monetary policy changes.
What it Measures
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Usual Effect
A more hawkish stance than anticipated tends to benefit 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)