BCA: Economic Risks Favor More BoE Easing

The Bank Credit Analyst today says Economic Risks Favor More BoE Easing;

The growth outlook for the U.K. economy is rapidly deteriorating and will ensure further Bank of England (BoE) rate cuts in the coming months.

The Bank of England announces a rate decision tomorrow morning U.S. time. They are not expected to move but one never knows. Rumors of a an early Fed rate change as described in the previous post make it possible we will see some coordinated move by BOE, ECB(who also announce tomorrow) and the Fed.