‘Nailed on’: Bank of England expected to hike interest rates

City AM ·
Economy Central Banks United Kingdom
United Kingdom

The Bank of England is expected to hike interest rates next week as policymakers battle to stamp on inflationary pressures building in the UK economy.  City analysts have predicted that the Bank’s Monetary Policy Committee will vote to raise interest rates from 3.75 per cent to four per cent. The Bank has been closely monitoring [...]

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