Comment: BoE brightens silly season slumber

The Bank of England surprised practically everyone on 3 August by raising rates by 25 basis points. The Bank's next Inflation Report, to be released on 9 August, and the minutes from the August meeting will make intriguing reading. The move will also the raise the interest in the views of the new monetary policy committee (MPC) members.

COMMENT BY CENTRALBANKNEWS

A rate hike at some stage this year was always on the cards when the Bank of England's May Inflation Report forecast that inflation

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