FX & CFD trading involves significant risk
The rate rise has now become 'overdue' and credibility of the BOE is at risk if it fails to act.
The minutes of the February meeting of the MPC showed Sentance backing a 50bp hike - in previous meetings he had been calling only for a 25bp rise.
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.