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

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Ross Kemp and Bola Sol to front 2025 Pension Attention campaign

Ross Kemp and Bola Sol to front 2025 Pension Attention campaign

Pensions UK and ABI campaign calls on savers to ‘strengthen their pension’

Martin Richmond
clock 05 September 2025 • 3 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Chancellor confirms date for Autumn Budget 2025, M&G to launch BPA offering and Virgin Media amendments to PSB announced

Professional Pensions
clock 05 September 2025 • 1 min read
News Digest: Sharp rise in UK pension lump sum withdrawals over tax concerns

News Digest: Sharp rise in UK pension lump sum withdrawals over tax concerns

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

Professional Pensions
clock 05 September 2025 • 1 min read
Trustpilot