BOE's Ramsden: We are not making any commitments on where rates will be

<figure data-media-><img src="https://images.forexlive.com/images/BOE%20AI_id_ea91c92e-4f2f-4471-b4e0-6dbfa4e1368f_size900.jpg" width="1056" height="604" wrapper-="wrapper-" data-src="https://images.forexlive.com/images/BOE%20AI_id_ea91c92e-4f2f-4471-b4e0-6dbfa4e1368f_size900.jpg" /></figure><ul><li>Rates are to stay restrictive for an extended period of time</li><li>The path of rates will be data dependent</li></ul><p>Just some token remarks there as they are trying to keep the door open for rate hikes but similar to the ECB, they are most likely done with tightening policy at this stage.</p><p><br></p>

This article was written by Justin Low at www.forexlive.com.