Rising inflation forecasts have prompted analysts to predict that central bank action could be imminent, with expectations pointing toward a potential response before year’s end. Economists warn that persistent price pressures may force policymakers to tighten monetary policy sooner rather than later. The anticipation comes as markets weigh the balance between cooling inflation and avoiding an economic slowdown. Whether the bank will adjust interest rates or other tools remains a key focus for investors and policymakers alike.
Forecasts of further rises in the inflation rate mean some analysts expect the Bank to act by the end of the year.
