BoE vs FOMC – BBH

By FXstreet.com | Updated July 30, 2014 AAA

FXStreet (Guatemala) - The global strategy team at Brown Brothers Harriman summed up the difference between the FOMC and BoE.



Key Quotes:



“The main take away from the FOMC meeting is that the Federal Reserve is not the Bank of England”.



“Hawkish comments by top BOE officials--not just Governor Carney--are encouraging investors to bring forward the beginning of a normalization of monetary policy and a tightening cycle, no matter how gradual”.



“In contrast, the Federal Reserve stuck to its course, despite the recent pick up in inflation and the improvement in the labor market”.



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