UK Inflation Troubles Weigh On The Bank Of England

Economic and Financial Analysis • Jun 21, 2023 at 12:19 PM EDT

As concerns over the rising threat of recession build, all eyes will be focused on the Bank of England's rate decision tomorrow.

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UK inflation has come in dramatically higher than expected yet again. As concerns over the rising threat of recession build, all eyes will be focused on the Bank of England's rate decision tomorrow – so what could be next for the central bank? ING's James Smith has a few answers.

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UK inflation troubles weigh on the Bank of England

Questions over the UK's persistent inflation problem and unfavourable comparisons with both the US and the eurozone are gaining momentum. As Bank of England officials find themselves in an increasingly difficult position, here's what could be next for UK interest rates.

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