The Bank of England (BoE) will announce its Interest Rate Decision on Thursday, September 21 at 11:00 GMT and as we get closer to the release time, he
by 25 basis points to 5.50%. Wednesday's downside shock to August inflation could lead the Monetary Policy Committee to signal an end to the hiking cycle. We expect a 25 bps rate hike. That would lift Bank rate to 5.50%. Policymakers have recently entertained the possibility of an interest rate pause.
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