UK chancellor George Osborne today announced appointment of Gertjan Vlieghe, a senior economist at Brevan Howard Asset Management and a former director of Deutsche Bank as the next MPC member.
He will be replacing David Miles, (whose term is expiring in August) on Bank of England's monetary policy committee from September onwards. He will be serving for three years as external member of the MPC.
Though the market participants are now too busy watching out FED's move, however will soon focus closely on Bank of England's (BOE) moves to pinpoint rate hike from UK, as BOE is clearly to be the next to hike rates.
Each members' view would be watched closely to identify the hawks and the doves in MPC.
So the comments from Dr. Vlieghe would be watched closely.
Since Mr. Miles was on the hawkish side of the camp, Pound might be taking a beating if Mr. Vlieghe turns out to be a dove.
Another hawkish member, Ian McCafferty, who already voted for rate hike last year will also be retiring in August.
Pound is currently trading at 1.56 aginst dollar, supported by good GDP number.


Bank of Japan Signals Rate Flexibility Amid Yen Volatility
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge
Gold Loses Shine as Crude Oil Surges: Safe-Haven Metal Retreats Toward USD 4,500 Support
God on their side: how the US, Israel and Iran are all using religion to garner support
Will a new border deal with the US open a backdoor into Kiwis’ personal data?
Bank of Japan Faces Rate Uncertainty Amid Middle East Oil Shock
Fed Holds Rates Steady as Middle East Conflict Clouds Inflation Outlook
RBA Raises Cash Rate to 4.10% in Closest Vote Since Transparent Voting Began
RBC Capital: European Medtech Firms Show Minimal Middle East and Energy Risk Exposure
How the war in Iran is already affecting UK farmers and food production 



