Bank of England poised to continue hiking rates as inflation looms large

MPC meeting is taking place later this week

Elliot Gulliver-Needham
clock • 2 min read
Bank of England poised to continue hiking rates as inflation looms large

Following a string of high inflationary figures, markets have raised their expectations for the UK terminal rate from 5% a month ago to 5.75%.

Ahead of the Bank of England (BoE) Monetary Policy Committee (MPC) meeting on Thursday (22 June), markets seem set on expecting at least a 25bps hike. Evelyn Partners associate director of inves...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

News Digest: Pensions minister Paul Maynard broke rules on expenses, watchdog finds

News Digest: Pensions minister Paul Maynard broke rules on expenses, watchdog finds

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 17 May 2024 • 1 min read
BT Group gross IAS 19 pension deficit increases by £1.7bn

BT Group gross IAS 19 pension deficit increases by £1.7bn

Full-year results show deficit increased from £3.1bn to £4.8bn as at 31 March 2024

Martin Richmond
clock 16 May 2024 • 1 min read
Uptick in number of registered deaths in 2023, figures show

Uptick in number of registered deaths in 2023, figures show

ONS data shows mortality rate saw a 4.7% surge compared to the five-year average

Martin Richmond
clock 16 May 2024 • 2 min read
Trustpilot