Andrew Bailey has seemingly confirmed an interest rate rise before Christmas
The Bank of England appears divided over whether rates should be raised above historic low
Bank of America is predicting a rise to 0.25% in December, and 0.5% by February
Markets have already priced in a rise, and the bank says they are right to do so
The Reserve Bank of New Zealand said that house prices had become “unsustainable”
If the current supply issues prove “structural”, the MPC will approve a rise in rates
The Bank is convinced the 4% inflation is just “temporary”
The Bank of England has raised interest rates to 0.75% from 0.5% – the highest level since March 2009.