Paul Dales, economist at Capital Economics, said that, while the fall in inflation was unlikely to deter the BoE from increasing rates at its next meeting, “it may tilt the balance towards a 25 basis points hike rather than 50 basis points”.
Paul Dales, economist at Capital Economics, said that, while the fall in inflation was unlikely to deter the BoE from increasing rates at its next meeting, “it may tilt the balance towards a 25 basis points hike rather than 50 basis points”.