Oxford Economics Expects Two BOE Rate Hikes, First in November
Economist Alexander Harvey says Oxford Economics expects the Bank of England to raise rates in November and once more, citing high energy costs and increased inflation risk. Markets fully price in four quarter-point BOE rate rises by July.
Oxford Economics expects the Bank of England to increase interest rates in November and then once more, given high energy costs and increased inflation risk, economist Alexander Harvey says in a note. Markets fully price in four quarter-point BOE rate rises by July, and a possible fifth rate increa…