LONDON, June 14 Reuters The Bank of England is weighing up whether to raise interest rates for the 13th meeting in a row next week as it continues to grapple with one of the highest inflation rates among the world39;s big, rich countries.

Investors think it is a nearcertainty that the BoE will announce a rate increase of at least a quarterpercentage point on June 22, taking Bank Rate to 4.75, and a roughly 20 chance of a halfpoint rise to 5.

Following is a summary of recent comments by members of the Monetary Policy Committee.

MPC MEMBERS WHO VOTED IN MAY FOR A 25 BASISPOINT HIKE

ANDREW BAILEY, GOVERNOR

June 13 We still think the rate of inflation is going to come down, but its taking a lot longer than expected.

He said British food price inflation had been slower to drop than global commodity prices, despite past reassurances from the Bank39;s contacts in the retail industry that prices would fall. We39;ve been told for some time, you know, they39;ve reached their peak, they39;re going to come down, the rate of inflation is going to come down. And then the contacts come back and say 39;Sorry, we got that one wrong.39;

May 23 On interest rates, he said I can39;t tell you whether we39;re near to the peak, I can39;t tell you whether we are at the peak. I think we are nearer to the peak than we were.

BEN BROADBENT, DEPUTY GOVERNOR

May 11 A lot of … global prices are declining.

And we expect for that reason predominantly so independently of the rate of…

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