Could the Bank of England’s interest rate hike cycle be done? | Morning Markets

As the Bank of England prepares for its Monetary Policy Committee this Thursday, inflation continues to fall and wage growth data may further encourage this towards their 2% target. George Bell, Portfolio Manager, discusses the market anticipation of an August interest rate cut. Today also marks an update from the US Federal Reserve on their economic projections as well as the dot plots graph which demonstrates each members interest rate projections into the future.