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Bank of England to raise Bank Rate by 50 bps in Dec, peak at 4.25% in Q1: Reuters poll

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Bank of England to raise Bank Rate by 50 bps in Dec, peak at 4.25% in Q1: Reuters poll

The Bank of England will press on with interest rate rises to battle inflation even though Britain is heading into a long albeit shallow recession, with consumers facing an extended cost of living crisis, a Reuters poll of economists found.

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Bank of England to raise Bank Rate by 50 bps in Dec, peak at 4.25% in Q1: Reuters poll

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Bank of England to raise Bank Rate by 50 bps in Dec, peak at 4.25% in Q1: Reuters poll

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