Investors Cut Back BOE Rate-Rise Expectations After Weak Data -- Market Talk

Dow Jones05-26 17:48

0948 GMT - Investors lower expectations of the Bank of England raising interest rates in the coming months following a series of weak U.K. data published last week. U.K. jobs, inflation, retail sales and interim purchasing managers' index data all came in below-forecast, easing concerns about the risk of aggressive BOE rate hikes. Investors currently price in one quarter-point BOE rate rise in 2026 and a 60% chance of a second one, down from having fully priced in two BOE rate hikes in 2026 prior to last week's data releases, LSEG data show. (miriam.mukuru@wsj.com)

 

(END) Dow Jones Newswires

May 26, 2026 05:48 ET (09:48 GMT)

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