Schroders predicts rate hikes in December and February

Prediction change follows high inflation numbers yesterday

clock • 2 min read
Schroders predicts rate hikes in December and February
Image:

Schroders predicts rate hikes in December and February

Following the announcement that inflation had reached 4.2% yesterday, Schroders has changed its forecast for the Bank of England, predicting a rate hike next month.

Schroders senior European economist Azad Zangana said today (18 November) that the BoE will increase rates to 0.25% on 16 December, then again to 0.50% in February 2022. Schroders also predicts further...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

Tom Boyle of Atlantic House

How investors can make volatility their friend

Not always a problem

Tom Boyle
clock 25 November 2021 • 5 min read
Jeremy Batstone-Carr, Raymond James European Strategy Team
UK

Stronger-than-expected employment data raises possibility of a UK rate hike

Vacancies hit high of 1.17m

Jeremy Batstone-Carr
clock 23 November 2021 • 3 min read
Kingswood acquires £1.4bn AUA North Yorkshire firm
UK

Kingswood acquires £1.4bn AUA North Yorkshire firm

£16m deal

clock 23 November 2021 • 2 min read
Trustpilot