BOE's Carney says he expects a rate hike this year if there are no economic shocks

Author: Adam Button | Category: Central Banks

Carney comment to BBC

Quick pop in cable on the headline.

That's setting a low bar for a rate hike and the market was pricing only an 87% chance of a hike by year-end after today's BOE decision.

More:

  • "It's likely over the course of the next year rates will go up... that's the most likely thing to happen"
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