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BBCNEWS World July 6, 2024

if you have just joined if you havejustjoined us it is time for the top business stories. we start here in the uk where in the next few hours the bank of england is widely expected to raise the cost of borrowing for the twelfth time in a row. the quarter percent rise most economists are predicting would take the bank s main interest rate to 4.5% the highest it has been in almost 15 years. the big question though will it be enough to start to get inflation, which is still running at more than 10% a year, under control? let s speak to katharine neiss she has held various roles at the bank of england and is now chief european economist at p gim fixed income. good to have you on the programme. iassume good to have you on the programme. i assume you are with the majority believe we are looking at a rate hike today of another 25 basis points. today of another 25 basis oints. . , today of another 25 basis oints. . , ., , points. that s right, that s the consens ....

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BBCNEWS World Business Report June 4, 2024 04:32:00

Points. that s right, that s the consensus points. that s right, that s the consensus view - points. that s right, that s the consensus view and i l points. that s right, that s i the consensus view and i am right there as well. the consensus view and i am right there as well. then after that for the right there as well. then after that for the next right there as well. then after that for the next few - right there as well. then after that for the next few months, j that for the next few months, will it keep going? will it keep going? that is what everyone will it keep going? that is what everyone is - will it keep going? that is what everyone is going i will it keep going? that is what everyone is going to | will it keep going? that is i what everyone is going to be looking out for in terms of the messaging, the signals coming out of the bank of england. my senseis out of the bank of england. my sense is that they are wanting to, they are going to want to keep their options ....

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