AJ Bell Analyst Says BOE Could Avoid Rapid Rate Rises if Energy Prices Fall
AJ Bell’s Russ Mould says the Bank of England could avoid rapid rate rises over the coming months if energy prices pull back significantly. Investors see a 91% chance of a BOE rate increase at its November meeting, followed by three more hikes.
The Bank of England could avoid rapid interest-rate rises over the coming months if energy prices pull back significantly from current levels, AJ Bell's Russ Mould says in a note. Investors expect a 91% chance of a BOE interest-rate increase at the next meeting in November, and three more rate hike…