The Bank of England is now forecast to hike rates as high as 5.75% in their fight against stubbornly high inflation. Some see the Bank of England rate hikes tipping the UK into recession.
The Bank of England is set to release their latest interest rate decision next week, on 22nd June. The subsequent press conference will provide clues on the future rate trajectory.
The release could be explosive for stocks.
Although predictions of a recession have been proved wrong recently, borrowing costs increasing towards 5.75% will put some London-listed stocks at risk of lower earnings and hi...
