Bank of England tightening expectations may need to adjust lower – BBH – by eren_fxstreet BOE CentralBanks UnitedKingdom Banks
Swaps market back to pricing in a peak policy rate near 4.75%
"Almost half have had difficulty heating their homes and a third have struggled with rising rents or mortgages. With little relief expected on the fiscal front, it’s shaping up to be a very difficult winter for UK households. In related news, a separate consumer survey showed nearly 2 mln UK households had failed to make at least one mortgage, rent, loan, credit card, or any other bill payment over the last month.
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