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LONDON (Reuters) - British companies' expectations for selling price inflation cooled slightly in June and reached their lowest level since early last year, according to a survey by the Bank of England which is under pressure to bring down high inflation.
Bank of England Governor warns regulators to intervene or risk stoking inflation
June 22, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "The Semiannual Monetary Policy Report to the Congress." June...
Markets are pricing almost six more rate hikes from here, and while we doubt the Bank of England would endorse that, we don't
BoE call. We expect the Bank of England (BoE) to hike the Bank Rate (key policy rate) by 25bp on 22 June, bringing it to 4.75%. This is in line with markets expectations. We expect a slight hawkish shift in communication given the latest releases showing increased persistence in inflation and a tight labour market. However, we do not expect it to live up to market expectations.