BOE to hike rates in November – BBG Survey

According to the latest Bloomberg Survey, a majority of the economists expect the Bank of England (BOE) to hike rates next month, when the central bank meets on November 2.

Key Findings of the survey:

76% of economists expect a rate hike in Nov

Up from just 22% in September

The majority of economists then see the bank on hold until Q1 of 2019

87% chance of hike next month

And fully pricing another hike by August 2018