IFAs believe that the MPC will continue to increase rates, despite many believing there's no sign rate hikes are working on inflation.
Related topic: Interest rates
The markets give over an 80% chance that the base rate will hit at least 5.75% this year and could reach 6%.
Industry experts predict that the UK economy's resilience mean more rate hikes are to come.
Bank Rate is currently at its highest level since October 2008.
The last time the base rate was at 4.5% was in October 2008.
David Lownds, head of sales, marketing and business development at Hanley Economic Building Society, explores how advisers can manage difficult conversations with clients in terms of...
Rob Clifford, chief executive of Stonebridge, explores the continued disconnect between BBR and mortgage product rates.
The Office for Budget Responsibility predicts that UK inflation will fall to 2.9% by the end of 2023.
The latest inflation data shows that CPI inflation re-accelerated to 10.4% in February.
Some brokers think the fallout could prompt the Bank of England to hold interest rates at next week's meeting.
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