Thu 28 Apr 11 | 02:00 AM ET

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BoE Rate Hike in August, Maybe May: Economist

Thu 28 Apr 11 | 02:00 AM ET

âWeâre putting a 30% chance on a May rate hike (by the Bank of England), but we think August is a more likely call,â Peter Westaway, chief economist Europe at Nomura, told CNBC. âThe Bank of England canât do anything about the inflation rate todayâ¦ so they have to anticipate more whether the growth is going to come through,â he added.

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BoE Rate Hike in August, Maybe May: Economist

BoE Rate Hike in August, Maybe May: Economist

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