The MPC will look closely at this week’s earnings and inflation figures, but energy volatility could also come into play
There is a firm view in the City that Bank of England policymakers have at least one more interest rate rise in them, but much depends on the latest official prices data – out this week – and how quickly inflation is falling.
Financial markets are betting that there is a 80% chance of a 0.25 percentage-point rise, to 5.5%, when the Bank’s monetary policy committee (MPC) next meets on 21 September.
