The Bank of England (BoE) will raise interest rates twice this year, according to the EY Item Club, despite market expectations of a hike in May falling in recent weeks.
In its Spring Forecast, the EY-sponsored forecasting group said the Monetary Policy Committee's (MPC) pessimism that inflation will return back below its 2% target meant there would be two 25 basis point...
Follows McVey's resignation
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