(Bloomberg) -- The Bank of England will probably
leave its benchmark interest rate unchanged at a six-year high
today, as it assesses whether four previous increases are enough
to bring down inflation, a survey of economists shows.
The nine-member Monetary Policy Committee will keep the Bank
Rate at 5.5 percent at noon today after raising it to the highest
since April 2001 last month, according to 58 out of 62 economists
in a Bloomberg News survey. The bank will increase the rate a
quarter-point by its August meeting, a separate survey shows.
Read more at Bloomberg Bonds News
leave its benchmark interest rate unchanged at a six-year high
today, as it assesses whether four previous increases are enough
to bring down inflation, a survey of economists shows.
The nine-member Monetary Policy Committee will keep the Bank
Rate at 5.5 percent at noon today after raising it to the highest
since April 2001 last month, according to 58 out of 62 economists
in a Bloomberg News survey. The bank will increase the rate a
quarter-point by its August meeting, a separate survey shows.
Read more at Bloomberg Bonds News
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