Institutional survey: Bank of England to hike rates until end of 2022 or sooner

According to the September 10 News, in a survey of schools from September 6 to 9, 80% of those polled believed the Bank of England would raise interest rates sooner. According to research, the Bank of England plans to hike rates before the end of 2022, earlier than initially expected, and the timing may come sooner as the economy continues to recover from the slowdown in spreads and the inflation. The survey also noted that it expects interest rates to rise 0.25% from their current low of 0.10% in the fourth quarter of 2022 (the August survey found that nothing had changed). The pound has recently rebounded against the US dollar, so an agreement by the Bank of England to raise rates could support this move. (Ten of gold)