Monitor UK MPC Member Shafik's speech for insights on future interest rate decisions, crucial for Forex markets.
Members of the BOE Monetary Policy Committee (MPC) cast votes to determine the nation's key interest rate levels, and their public appearances often provide hints about future monetary policy direction; MPC voting member from August 2014 to February 2017.
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
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