In the near term, the gilt market will react to any economic data release that helps shape investors' BOE view. The annual growth figure was lower than expected, showing continuation of declining growth.
Quotes about boe (4 Quotes)
The retail sales report makes it more likely at the margin to cause rate cuts. The balance of risks is that the next BOE rates move is lower, which would be negative for sterling.
As notebook PCs become ubiquitous for computing, entertainment, and communication, the need for improved visual performance and longer battery life become paramount, ... The innovations by BOE HYDIS clearly point to a future where brighter, higher contrast, and wider viewing angle displays are possible while keeping both the cost and power consumption down.
Gilts rallied, as the BOE minutes had something for everyone. The market may have chosen to focus on the softness of growth.