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The Bank of England is rethinking how it signals future rate moves after markets wrongly expected a November hike. New chief economist Huw Pill plans to improve communication, and sterling suffered its sharpest daily fall in 18 months.
Clearer central bank signalling should reduce sudden currency swings that affect sterling-priced feed imports. The direct commodity price impact is small.
fm-magazine.comDavid Milliken (ReutersDec 1, 2021Not 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.
