While the Bank of England struck a more hawkish tone at its June meeting, with three members voting in favour of a hike, economists expect the central bank to leave interest rates unchanged when it delivers its latest monetary policy decision on Thursday. Economists expect the bank rate will remain unchanged at 0.25 per cent.
“We look for a 6-2 vote this time as the uber-hawk [Kristin] Forbes departs and most top-tier data has surprised to the downside since [Andy] Haldane’s hawkish speech in June,” said strategists at TD Securities.
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