BOE March Rate-Cut Expectations Fall as Policymakers Testify -- Market Talk

Dow Jones02-24

1503 GMT - Markets lower their expectations of the Bank of England cutting interest rates in March as BOE monetary policy committee members-- Governor Andrew Bailey, Megan Greene, Professor Alan Taylor and Huw Pill--present statements before the Treasury Committee in parliament. The members say that headline inflation is decelerating but they need more evidence of declining underlying inflation before resuming interest-rate cuts. Concerns about stubborn wage inflation could potentially hinder the BOE from cutting rates in the coming months. Markets price a 71% possibility of a BOE rate cut in March, down from 75% chance priced in before the testimony began, LSEG data show. (miriam.mukuru@wsj.com)

(END) Dow Jones Newswires

February 24, 2026 10:03 ET (15:03 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment