Mystery over Bank’s interest rate plan keeps traders on their toes

After more than a decade when the outlook for interest rates was dominated by an assessment of the impact of first, the global financial and eurozone crises, and more recently Brexit, traders are once again getting used to the need to closely analyse the economic data and comments by central bankers.Since the Bank of England cut rates to 0.5 per cent in March 2009, its monetary policy committee (MPC) only changed the Bank Rate three times since then as the £435bn of quantitative easing did