UK interest rates: The Bank of England will unveil its latest policy move, with a quarter-point rise to 4.75 per cent widely expected. The closely watched decision follows disappointing inflation data issued this week, which showed that price growth remained flat in May at 8.7 per cent, overshooting expectations of a slight fall. The probability of a half-point rate rise is 42 per cent, according to Refinitiv, versus 58 per cent for a quarter-point increase.
EU consumer confidence: The June flash indicator is due to be published. The gauge, which is based on a survey of households, has steadily improved since March, rising to minus 17.4 in May.
Covid-19 inquiry: Chief medical officer for England Chris Whitty and Britain’s former chief scientific adviser Patrick Vallance give evidence about the government’s pandemic response.
Corporate earnings: Packaging concern DS Smith, handbag maker Mulberry and construction equipment rental company Speedy Hire offer full-year performance data, while brewer Whitbread announces a first-quarter trading update and consulting group Accenture presents third-quarter earnings.
Credit: Source link
