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BOE Super Thursday is here… Simon French; Chief Market Economist at Panmure Gordon is of the opinion that the BOE is unlikely to raise rates significantly over the next two-three years. He does talk about the risk of BOE eventually being forced to raise rates by 25 bps (reverse August move) if inflation continues to rise at a faster rate, but adds that a 25 bps rate hike is unlikely to derail the housing market. Forex forecasts: French says a hint of an August rate cut reversal could send Cable higher to 1.30. US dollar - No signs of trend reversal but the current move is merely a retracement of the ‘Trump Trade’ #BOE, #inflation, #housingmarket, #interestrate, #centralbanks, #GBP/USD, #Sterling, #GBP, #USD, #USdollar, #forex, #currencies