The ITEM Club sees little reason for the BoE to hike rates, saying a sluggish U.K. economy is...

|By:, SA News Editor

The ITEM Club sees little reason for the BoE to hike rates, saying a sluggish U.K. economy is basically being kept afloat by stronger global activity. The ECB, on the other hand, has to deal with the real possibility of overheating and 2nd round inflationary effects in its core economies.