(Bloomberg) -- The pound may decline and gilts may
gain before the Bank of England's monthly meeting today, at which
policy makers are expected to keep interest rates on hold.
The U.K. central bank will leave borrowing costs at a six-
year high of 5.5 percent after four increases in the past year,
according to a Bloomberg survey of economists. The pound is
expected to slip on expectations for no change in lending rates,
after previously benefiting from two surprise increases in rates
and a report showing inflation at a decade high of 3.1 percent.
Read more at Bloomberg Currencies News
gain before the Bank of England's monthly meeting today, at which
policy makers are expected to keep interest rates on hold.
The U.K. central bank will leave borrowing costs at a six-
year high of 5.5 percent after four increases in the past year,
according to a Bloomberg survey of economists. The pound is
expected to slip on expectations for no change in lending rates,
after previously benefiting from two surprise increases in rates
and a report showing inflation at a decade high of 3.1 percent.
Read more at Bloomberg Currencies News
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