Via a Reuters poll of analysts on what to expect from the Bank of England ahead.
- 38 of 49 analysts tipped a final rate hike in the cycle will be on March 23, +25bp, taking the rate to 4.25%
- 8 said the Bank is done already
- 3 expect +50bp
- "Our baseline case is that the MPC (Monetary Policy Committee) will increase the Bank Rate by a further 25 bps to 4.25% next month as an insurance policy against firmer inflation pressures stemming from the tight labour market," said Philip Shaw, chief economist at Investec.
Info via Reuters, more here.
