Economics
Bank of England Set for Historic Rate Hike to Curb Inflation: Decision Guide
- Markets and economists are all but certain of a move to 0.5%
- Rate increase would allow BOE to start reducing bond holdings
This article is for subscribers only.
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.
The Bank of England is on the verge of a historic decision to deliver the first back-to-back interest-rate increase since 2004 and take the initial steps toward unwinding some of its 895 billion-pound ($1.2 trillion) stimulus program.