The Bank of England is expected to raise interest rates above 5% before the end of 2023

Implied rate projection

5%

4

May 2023

Rate raised

to 4.5%

3

2

1

0

2020

2021

2022

2023

Implied rate projection

5%

4

May 2023

Rate raised

to 4.5%

3

2

1

0

2020

2021

2022

2023