Reuters Poll: Bank of England to raise rates in late 2022, possibly sooner - NewsBreak
By Tarikul in Business
Updated 3 years ago
80% of respondents backed the sooner rate hike from the Bank of England (BOE) during the September 6-9 Reuters poll. "The Bank of England will raise borrowing costs by end-2022, earlier than previously thought, and there is a chance it comes even sooner as a solid economic recovery from the pandemic and high inflation may tip its hand," revealed the survey.