0833 GMT - Markets raise their expectations for Bank of England interest-rate rises in the coming months following U.K. inflation data. U.K. annual headline inflation for March rose to 3.3% from 3.0% in February, as expected. Monthly headline inflation rose to 0.7% in March, from 0.4% in February, above the consensus forecast by economists in a WSJ survey for a 0.6% increase. The path ahead for U.K. inflation remains murky, Deutsche Bank's Sanjay Raja says in a note. Investors fully price in one quarter-point BOE rate rise by September and a 60% chance of a second BOE rate rise by year end, up from pricing in only one rate rise last week, LSEG data show. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
April 22, 2026 04:33 ET (08:33 GMT)
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