Bank Of England Hikes Rates To 0.5%

Bank Of England Hikes Rates To 0.5%

Bank Of England Hikes Rates To 0.5% In 7-2 Vote; First Rate Increase In Over 10 years

BOE Inflation Report:

CPI to peak at 3.2% in Oct vs c.3% previous forecast

Considerable risks to outlook from Brexit.

GDP rising 1.6% in 2018, 1.7% in 2019 and 2020.

Future rate increases will be limited and gradual; forecasts based on two more rate hikes priced in over 3 years.

02 Nov 17 (Thu)

12:08 pm



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