BOE Forecasts Assume One Further Rate Hike By 2020

Market news

2 August 2018

BOE Forecasts Assume One Further Rate Hike By 2020

BOE Sees Inflation Returning To 2% Target In 2020
"Very Limited" Spare Capacity, And "Excess Demand" In 2019
Outlook Could Be "Siginificantly" Affected By Brexit Expectations
"Tentative" Signs That Protectionist Policies Are Weakening Global Growth

Bank of England Sees Equilibrium, Real Rate Of Interest Known As Between 0% And 1%

Bank Of England Raises Interest Rate To 0.75% From 0.5%, Sees Further Rate Rises Over Coming Years If Economy Grows As Expected

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