Bloomberg Daybreak: Europe Edition cover image

The BoE Gets Set For A 13th Hike & Time Running Out For Titanic Sub Rescue

Bloomberg Daybreak: Europe Edition

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The Bank of England's 13th Rate Increase in a Row

The Bank of England is expected to raise interest rates by 25 basis points today. It will be its 13th increase in a row and traders are betting it will accelerate the pace of hikes again. Societe Generale's global chief economist Klaus Bader says markets are wrong to expect a 6% terminal rate.

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