There is a pretty solid consensus that the BOE will hike when it meets on Thursday. But there is a major caveat for those projections: The UK will release its all-important CPI figures the day before the meeting. If inflation is considerably different from the current expectations, then it could shake up the projections for the BOE and cause cable to bounce around. As things stand now, around 80% of economists expect the BOE to hike, but there is little consensus after that. That means that most of the attention will be on Governor Andrew Bailey’s press conference after the rate decision to see what kind of hints he ... (full story)