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Bank of England still tipped to raise rates despite surprise dip in inflation

Inflation hit 6.7% in August, down from 6.8% in July, and significantly lower than the 7.1% that had been expected.

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Homeowners brace for another interest rate rise to 5 5% TODAY taking them to the highest level in 15 years and hammering mortgage costs despite better-than-expected inflation figures

The Monetary Policy Committee is widely expected to hike rates from 5.25 per cent to 5.5 per cent, which would be the highest base rate since February 2008.

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Bank of England still tipped to raise interest rates despite latest dip in inflation

Bank of England still tipped to raise interest rates despite latest dip in inflation
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Andrew baileyJames smithMonetary policy committeeBank sarah breedenInvestec economicsSarah breeden

Bank of England expected to increase base rate despite drop in inflation last month

Bank of England expected to increase base rate despite drop in inflation last month
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Bank still expected to hike rates to 5 5% despite inflation surprise

Bank still expected to hike rates to 5 5% despite inflation surprise
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James smithAndrew baileyMonetary policy committeeBank sarah breedenInvestec economicsSarah breeden