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Chief economist update: One hike this year, one hike next year

BY BENJAMIN ONG | WEDNESDAY, 17 JAN 2018 10:57AM

The BOE's projections show that the bank rate would rise from 0.4% in 2017 to 0.7% this year (that's another 25 bps hike), to 0.9% in 2019 (that's another) and 1% in 2020.

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Read more: BOE, Bank Rate, Sterling, United Kingdom, Bank of England, Brexit, CPI, European Union, GDP, Inflation Report, QE

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