Interest rates: Big rise less likely after inflation surprise

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Interest rates: Big rise less likely after inflation surprise

Beyond that, analysts at Capital Economics predict rates will rise slightly higher due to the persistence of some inflation pressures – peaking at 5.5%. However, without June’s drop in inflation, they say the peak would more likely have been above 6%. www.bbc.co.uk

Beyond that, analysts at Capital Economics predict rates will rise slightly higher due to the persistence of some inflation pressures – peaking at 5.5%. However, without June’s drop in inflation, they say the peak would more likely have been above 6%.

www.bbc.co.uk