Bank of England set to raise UK interest rates to highest level since 2008
Financial markets expect the bank's nine-member
Other major central banks, such as the
The
Alongside its interest rate decision, the bank will be publishing its quarterly economic projections for the stagnating
“While a hike this week looks — almost — like a done deal, the outlook for further hikes thereafter remains uncertain,” said
Those looking to get on the housing ladder or to take out loans will be hoping that Thursday's anticipated increase will be the last in the current cycle.
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