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The Bank of England is widely expected to raise its policy rate to 0.5% at its next meeting, its second hike in under three months. Attention is on the start of quantitative tightening as the BoE begins to shrink its balance sheet once rates reach that level.
Tighter global monetary policy and balance sheet reduction can strengthen the currency and weigh on risk assets, which mildly pressures commodity prices.
financialpost.comReutersJan 28, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
