How Long until Nine Wise Men Raise Rates? Sorting the Hawks from the Doves on the Bank of England's MPC ECONOMIC ANALYSIS

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Byline: Hugo Duncan

ANDREW Sentance must be feeling pretty lonely. The Bank of England's hawk-in-chief has broken ranks and started voting for higher interest rates.

He argued for change in June and July but was outnumbered by the rest of the Monetary Policy Committee. He will no doubt vote again for a rate hike on Thursday. Sentance reckons high inflation is more of a worry than muted economic growth.

The others disagree. For now. The fear is that other members of the MPC will join Sentance sooner rather than later and raise rates from the record low of 0.5%. This could be very painful indeed -- maybe not for savers, but definitely for millions of …