Bank of England predicts inflation to peak at over 4% this winter - Capital Economics

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Bank of England predicts inflation to peak at over 4% this winter

23 September, 2021Financial Times

Ruth Gregory, senior UK economist at consultancy Capital Economics, revised her view that there would be no interest rate rises next year at all after the minutes were published, even though the committee was inclined to wait for more information before it acted. “The MPC is getting closer to raising rates,” she said. “Our hunch right now is that the second half of the year seems more likely. But the clear risk is that it happens earlier.”

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