How will Russia/Ukraine influence the BoE’s rate hike plans?

As it stands at the moment, we don’t think that the Russia/Ukraine conflict will delay or derail the Bank of England’s plans to raise interest rates further. That’s because the Bank will probably be a bit more alert to the resulting risk of higher inflation than weaker economic activity. UK Housing Drop-In (Wed. 2 March, 10:00 GMT): Andrew Burrell and Andrew Wishart will be discussing how long prices can keep rising in a 20-minute session on Wednesday. Registration details.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.