The Bank of England was one of the first of its developed market peers to raise interest rates in December. Money markets now expect the central bank to raise rates by 100 bps this year. MPC expected to raise rates for second straight month Bailey set to acknowledge squeeze on household finances BoE likely to signal further hikes ahead Currency markets didn’t pay attention to the latest developments in the political crisis in Britain over lockdown parties at Downing Street. Six Conservative MPs now say they want a vote of confidence in Prime Minister Boris Johnson’s leadership on Wednesday. …