(Bloomberg) -- Bank of England policy makers will
probably raise the benchmark interest rate for the fifth time in a
year this week as Governor Mervyn King wins more support for an
increase to curb inflation, a survey of economists shows.
The nine-member Monetary Policy Committee will lift the Bank
Rate to 5.75 percent, the highest since April 2001, according to
53 out of 60 economists in a Bloomberg News survey. The central
bank will announce the decision at noon in London on July 5 and
release minutes of its meeting on July 18.
Read more at Bloomberg Bonds News
probably raise the benchmark interest rate for the fifth time in a
year this week as Governor Mervyn King wins more support for an
increase to curb inflation, a survey of economists shows.
The nine-member Monetary Policy Committee will lift the Bank
Rate to 5.75 percent, the highest since April 2001, according to
53 out of 60 economists in a Bloomberg News survey. The central
bank will announce the decision at noon in London on July 5 and
release minutes of its meeting on July 18.
Read more at Bloomberg Bonds News
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