BoE prepares market for rate rise - ANZ

The BoE has indicated its readiness to raise interest rates, given that high inflation has hampered modest growth, notes Brian Martin, Research Analyst at ANZ. 

Key Quotes

“A rate rise could come as early as this quarter, possibly at the November BoE policy meeting.”

“Progress in the Brexit withdrawal talks would allow attention to turn to future UK-EU trade relations and could support GBP.”