The Bank of England meet Thursday, a rate hike is widely expected. Goldman Sachs are with the consensus:
- "we expect all MPC members to vote for a 50bp hike next Thursday.
- However, it is possible we get one dissent for a smaller 25bp hike from External MPC member Tenreyro"
The decision will be announced at 1100 GMT, Bank of England Governor Bailey will speak a half-hour later: