But with new government restrictions adding to economic uncertainty, investors and economists expect the Monetary Policy Committee( MPC) to delay the move until February. The pound gained 0.2% after the data in London....
The strength of recent data means an interest rate rise from the BoE can’t be ruled out....
But our base case is that the central bank holds off lifting rates, citing uncertainty about the omicron variant, ” said Bloomberg economist Dan Hanson, Some forecast even faster gains
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2021-12-16 00:00:00.0