UK CPI reaccelerated to 2.9% in July, up from 2.6%, vindicating the three Bank of England policymakers who voted for a hike that month while the majority held rates at 3.75%. Gilt yields near cycle highs pile on the pressure ahead of the September 17 decision.
World Data Analysis, drawing on Bank of England figures, shows ILTR take-up accelerating after the facility's recalibration as banks shift toward longer-term indexed funding alongside heavy short-term repo use. Source
