RE: FUTURES13 Jun 2022 10:33
'Am I being thick here'
Yes - if interest rates are increased by less than 0.5% the £ will fall further which will cause more damage to the trade deficit and increase the imported price of oil in £s. I would vote for at least 1% increase, but GOV do not want to scare the property market as it is a source of votes for The Dear Leader.