Bank of England tipped for biggest interest rate hike in 27 years as inflation soars

MORNING SQUAWK EMEA Thursday, 04 August 2022 Bank of England tipped for biggest interest rate hike in 27 years as inflation soars The Bank of England is broadly expected to hike interest rates by 50 basis points on Thursday, its largest single increase since 1995. » Read more Pelosi's Taiwan trip puts the world's biggest chipmaker back in the spotlight of U.S.-China rivalry Semiconductors have become a key part of the rivalry between the U.S. and China with TSMC, which dominates chipmaking, caught in the middle. » Read more Russian 'strike force' builds around Zelenskyy's hometown; fears grow for 'out of control' nuclear power plant The hometown of President Zelenskyy is looking vulnerable with Ukraine's southern command unit saying Russia is building a "strike force" to target Kryvyi Rih. » Read more Adidas posts 28% decline in second quarter operating profit despite sales increase Adidas on Thursday said operating profit fell by 28% in the second quarter to 392 million euros ($398.43 million). » Read more Here's how to invest for yields to beat a bad year for stocks and bonds — according to the pros It may seem there's hardly any place for investors to hide this year, but analysts say these investing strategies can ward off current headwinds. » Read more Today's Guest Highlights on CNBC All times in SIN/HK 08:30 Michele Della Vigna Head of European Natural Resources / Goldman Sachs Carbonomics 09:00 Simon French Chief Economist / Panmure Gordon BOE 09:30 Andy Critchlow Head of News, EMEA / S&P Global Commodity Insights OPEC+ Send to a friend  |  Advertise  |  More newsletters  |  Digital Products  |  Unsubscribe © CNBC Inc. All Rights Reserved. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632