Newsquawk

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  • Bank of England expected to lift its base rate by 25bps from 0.50% to 0.75%; vote split expected to be 7-2
  • Recent UK data points and MPC rhetoric has lead to markets pricing in a circa 80-90% chance of a hike
  • Little in the way of material changes are expected for inflation and growth forecasts with the economy having developed largely in-fitting with the MPC’s expectations

BACKGROUND

After what has been a complex year thus far for the Old Lady,...

*HQ saying toodle pip for the week* Much love guys, as always, see you on the other side! (don't worry about him… https://t.co/FJxdHfKTwc