Gradual? Try 'glacial' for Bank of England rate hikes

It is poised to raise interest rates for the first time in a decade on Thursday, with the hike expected to be from 0.25 to 0.5 percent. But many investors in British assets and economists are sceptical this will mark the start of a cycle of "limited and gradual" rises, as the Bank has been signalling since 2014.

from Reuters: Top News http://uk.reuters.com/article/uk-britain-boe-analysis/gradual-try-glacial-for-bank-of-england-rate-hikes-idUKKBN1D155O?feedType=RSS&feedName=topNews