Bank of England expected to raise rates in May
https://www.theguardian.com/business...-business-live
Meanwhile, our government is focusing on small boats and culture wars.. priorities!
The odds of the Bank of England raising interest rates again next month have jumped.
The money markets indicate there is a 97% chance that the BoE lifts Bank Rate by a quarter of one percentage point to 4.5% in May – up from an 82% chance yesterday.
The markest also imply there’s a good chance that rates will hit 5% by the autumn.
The Bank will be concerned that UK inflation looks to be stickier than hoped.
The money markets indicate there is a 97% chance that the BoE lifts Bank Rate by a quarter of one percentage point to 4.5% in May – up from an 82% chance yesterday.
The markest also imply there’s a good chance that rates will hit 5% by the autumn.
The Bank will be concerned that UK inflation looks to be stickier than hoped.
https://www.theguardian.com/business...-business-live
Meanwhile, our government is focusing on small boats and culture wars.. priorities!

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