Bank of England Preview: Peak Approaching – GBP Headwinds to Set In

<p>We expect the Bank of England (BoE) to hike the Bank Rate by 25bp on 21 September, although august inflation released the day before marks a joker. We expect a peak in the Bank Rate of 5.50%. We see current market pricing of a peak in the policy rate of 5.60% as broadly fair. EUR/GBP [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/fundamental-analysis/519116-bank-of-england-preview-peak-approaching-gbp-headwinds-to-set-in/">Bank of England Preview: Peak Approaching &#8211; GBP Headwinds to Set In</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>