Interest rate decision could be with an eye to Brexit

Alex Brandreth
The Bank of England's Monetary Policy Committee is widely expected to announce a rise in interest rates at its meeting tomorrow. With the possibility of interest rates set to move higher for only the second time in 10 years, markets are currently pricing in a 90% chance of a hike. Markets last expected rates to rise as recently as May, only for the Bank of England to change its tune in the weeks leading up to the decision. However, it would be regarded as a shock to markets if interest rates did not increase to 0.75%. Alex... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...