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The Bank of England held Bank Rate at 0.25% by a 7-1 vote at its May 2017 meeting. It also kept government bond purchases at £435bn and corporate bond purchases at £10bn, and it noted that demand slowed in the first quarter of 2017.
A steady policy stance signals no sudden change in sterling funding costs or import demand. Price effects on feed commodities are minimal.
bankofengland.co.ukMay 11, 2017Not 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.
