Bank of England set for biggest rate hike in 33 years, but economists expect dovish tilt

With U.K. inflation running at a 40-year high of 10.1% in September, the Bank is seen hiking its main lending rate for the eighth consecutive time.

Goldman Sachs economists on Monday lowered their 2023 U.K. growth projections and expect a split vote in favor of the 75-basis-point hike on Thursday.Buses pass in the City of London financial district outside the Royal Exchange near the Bank of England on 2nd July 2021 in London, United Kingdom.LONDON — The market expects the Bank of England to raise interest rates by 75 basis points on Thursday,

Can’t wait for the BoE to financially do me up the ass

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Breakingviews - Breakingviews: Bank of Japan fiddles while bond market burnsBank of Japan Governor Haruhiko Kuroda is playing with forex fire. The yield-curve control policy in which the central bank attempts to hold down interest rates by buying – or threatening to buy - unlimited amounts of sovereign bonds, is breaking down and risks freezing the market over, a bad look for an international reserve currency.
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