As we approach the monetary committee meeting of the Bank of England, more and more commentators share our view that the rate increase necessary to restore the mandate of the BOE, as a fighter against inflation and prevent the formation of stable inflation expectations. The latter, who crossed the Rubicon, was CBI, which raised its forecast for inflation to 3,9%, which indicates the possibility of raising the prime rate during the second quarter. All 62 economists surveyed by Bloomberg expect the rate will be maintained at current levels tomorrow. Previously, they were wrong ...
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