MFS Says Resilient UK Growth and Inflation Support November BOE Rise
MFS Investment Management’s Peter Goves says resilient UK growth and rising inflation strengthen the case for a Bank of England rate increase next week.
The U.K. economy remains resilient and inflation is ticking higher, cementing the argument for the Bank of England to increase interest rates next week, MFS Investment Management's Peter Goves says in a note. The most recent data released earlier this month showed U.K. annual GDP expanded by 2.1% i…