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The Bank of England voted 7-2 on January 30 to keep rates at 0.75%, with most members taking a wait-and-see approach. The Commons Library noted improved business confidence after the general election, including a PMI reading at a 16-month high.
Steady rates and better UK business sentiment point to stable sterling and UK demand for feed-linked meat and dairy, with no clear immediate price effect.
commonslibrary.parliament.ukDaniel Harari, Philip BrienJan 30, 2020Not 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.
