Pill and Greene Will Push BoE Rate Above 3.75%

The Bank of England will increase the Bank Rate above 3.75% before December 31, 2026, as Huw Pill and Megan Greene are set to break from a hold consensus and back a hike. The June 18 Monetary Policy Summary and minutes will be watched for the dissent, and May CPI remaining at 2.8% will be cited as…