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LS Preview | BoE Poised For Insurance Hike As Inflation Risks Intensify

MPC expected to raise rates by 25bp in 7-2 vote - Rising inflation fuels fears of second-round effects - Updated MPR to signal higher inflation, stronger growth - Bailey likely to frame hike as precautionary - Rate announcement due at midday, Thursday - Press conference set for 12:30 GMT (Continue Reading LS)

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MPC expected to raise rates by 25bp in 7-2 vote - Rising inflation fuels fears of second-round effects - Updated MPR to signal higher inflation, stronger growth - Bailey likely to frame hike as precautionary - Rate announcement due at midday, Thursday - Press conference set for 12:30 GMT (Continue Reading LS)

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