U.K. PMIs Point to Mixed Blessing of Stronger Growth and BOE Rate Rises -- Market Talk

Dow Jones19:17

1117 GMT - The unexpectedly stronger U.K. PMIs suggests the economy may retain some momentum in the second quarter, but also that the Bank of England may have to raise interest rates to guard against inflation, Berenberg's Andrew Wishart says. The rise in the composite PMI to 52.0 in April from 50.3 in March leaves it consistent with growth of 0.2%, he says in a note. But the increase in selling prices coupled with strong wage pressures point to a higher risk of second-round effects than anticipated given the weak labor-market backdrop. If further evidence from the BOE's Decision Makers Panel confirm pressures on pay rises, it could spook the bank into a hike next week, Wishart says. (edward.frankl@wsj.com)

(END) Dow Jones Newswires

April 23, 2026 07:17 ET (11:17 GMT)

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

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2629835831?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-23 19:17","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2629835831","market":"us","top_or_hot":-1,"title":"U.K. PMIs Point to Mixed Blessing of Stronger Growth and BOE Rate Rises -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1117 GMT - The unexpectedly stronger U.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. PMIs suggests the economy may retain some momentum in the second quarter, but also that the Bank of England may have to raise interest rates to guard against inflation, Berenberg's Andrew Wishart says. The rise in the composite PMI to 52.0 in April from 50.3 in March leaves it consistent with growth of 0.2%, he says in a note. But the increase in selling prices coupled with strong wage pressures point to a higher risk of second-round effects than anticipated given the weak labor-market backdrop. If further evidence from the <a href=\"https://laohu8.com/S/00710\">BOE</a>'s Decision Makers Panel confirm pressures on pay rises, it could spook the bank into a hike next week, Wishart says. (edward.frankl@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 23, 2026 07:17 ET (11:17 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.K. PMIs Point to Mixed Blessing of Stronger Growth and BOE Rate Rises -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.K. PMIs Point to Mixed Blessing of Stronger Growth and BOE Rate Rises -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-04-23 19:17</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1117 GMT - The unexpectedly stronger U.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. PMIs suggests the economy may retain some momentum in the second quarter, but also that the Bank of England may have to raise interest rates to guard against inflation, Berenberg's Andrew Wishart says. The rise in the composite PMI to 52.0 in April from 50.3 in March leaves it consistent with growth of 0.2%, he says in a note. But the increase in selling prices coupled with strong wage pressures point to a higher risk of second-round effects than anticipated given the weak labor-market backdrop. If further evidence from the <a href=\"https://laohu8.com/S/00710\">BOE</a>'s Decision Makers Panel confirm pressures on pay rises, it could spook the bank into a hike next week, Wishart says. (edward.frankl@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 23, 2026 07:17 ET (11:17 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BOE","symbol_name":"黑岩全球成长基金","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2629835831","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2629835831","pubTimestamp":1776943020,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1117 GMT - The unexpectedly stronger U.K. PMIs suggests the economy may retain some momentum in the second quarter, but also that the Bank of England may have to raise interest rates to guard against inflation, Berenberg's Andrew Wishart says. The rise in the composite PMI to 52.0 in April from 50.3 in March leaves it consistent with growth of 0.2%, he says in a note. But the increase in selling prices coupled with strong wage pressures point to a higher risk of second-round effects than anticipated given the weak labor-market backdrop. If further evidence from the BOE's Decision Makers Panel confirm pressures on pay rises, it could spook the bank into a hike next week, Wishart says. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BOE":"黑岩全球成长基金"},"translate_title":"英国采购经理人指数显示增长强劲和英国央行加息喜忧参半——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BOE":1.5},"content_text":"1117 GMT - The unexpectedly stronger U.K. PMIs suggests the economy may retain some momentum in the second quarter, but also that the Bank of England may have to raise interest rates to guard against inflation, Berenberg's Andrew Wishart says. The rise in the composite PMI to 52.0 in April from 50.3 in March leaves it consistent with growth of 0.2%, he says in a note. But the increase in selling prices coupled with strong wage pressures point to a higher risk of second-round effects than anticipated given the weak labor-market backdrop. If further evidence from the BOE's Decision Makers Panel confirm pressures on pay rises, it could spook the bank into a hike next week, Wishart says. (edward.frankl@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 23, 2026 07:17 ET (11:17 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2629835831","isCrawlerRequest":true}