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

Savers withdraw average of £47,000 prior to retirement, research finds

Savers withdraw average of £47,000 prior to retirement, research finds

Scottish Widows finds more than three in four retirees have withdrawn funds early

Martin Richmond
clock 16 May 2024 • 2 min read
News Digest:  Why pension trustees need to embrace a 'win-win' and back British firms

News Digest: Why pension trustees need to embrace a 'win-win' and back British firms

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

Professional Pensions
clock 16 May 2024 • 1 min read
Experts emphasise importance of dashboard preparation

Experts emphasise importance of dashboard preparation

Dashboards are UK’s ‘biggest technological pensions initiative’, so schemes must prepare

Holly Roach
clock 15 May 2024 • 2 min read
Trustpilot