Stocks up a little ahead of BoE decision

The Bank of England will announce its latest monetary policy decision. with no change expected

Stocks up a little ahead of BoE decision

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There are two main items on the calendar today. Firstly, the Bank of England will announce its latest monetary policy decision. No change is expected for interest rates or its quantitative easing program.

Also of interest to investors today is the latest US weekly jobless claims data. Previous week’s data saw jobless claims hit a new low since the pandemic began, it will be interesting to see if that trend continues indicating increased economic activity.

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