Seeking Alpha

BOE member lays ground for rate hikes

  • Households should prepare themselves for a likely increase in interest rates "next spring," Bank of England MPC member Martin Weale tells Ed Conway (Conway promises the rest of the story later this morning).
  • Off nicely earlier, cable (FXB) is back to flat on session at $1.6677, and continues a big bull run begun last summer as tighter monetary policy began to be priced in.
  • U.K. ETFs: EWU, EWUS, FKU, DXPS, DBUK, FXB, GBB
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