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Interest rates - latest: Inflation set to 'fall rapidly' - and is there a hint this could be end of interest rate hikes?

Interest rates - latest: Inflation set to 'fall rapidly' - and is there a hint this could be end of interest rate hikes?

The Bank of England has announced its 10th consecutive interest rate increase, with a hint it might - perhaps - be the last for a while. It has also stated that any recession would be "very shallow".

news.sky.com

News on the subject

Strikes take toll on economy as widespread disruption forces many to stay at home
Strikes take toll on economy as widespread disruption forces many to stay at home
No 10 insists UK economy is strong despite IMF warning it will fare worse than any other in developed world - including Russia
No 10 insists UK economy is strong despite IMF warning it will fare worse than any other in developed world - including Russia
Jeremy Hunt dismisses economic 'gloom' as he dashes Tory hopes of tax cuts
Jeremy Hunt dismisses economic 'gloom' as he dashes Tory hopes of tax cuts
UK car production slumps to 66-year low but improvement expected ahead
UK car production slumps to 66-year low but improvement expected ahead
Revealed: How the North/South divide affects the UK economy
Revealed: How the North/South divide affects the UK economy
Cost of living: Shoppers curbed Christmas spending in blow to struggling retailers
Cost of living: Shoppers curbed Christmas spending in blow to struggling retailers