Investors at odds with UK policymakers on the direction of interest rates

Although the UK economy continues to face significant economic headwinds associated with Brexit, recent rhetoric from certain members of the Bank of England's Monetary Policy Committee suggests they are considering voting to raise the UK base interest rate in the coming months. This would primarily be to keep inflation under control, with the economy near full employment and wage growth already edging higher. MPC member hints at more imminent rate rise - reports Nevertheless, market pricing suggests investors see little-to-no chance of a rate rise over the next 12 months. On the...