BOE Could Keep Interest Rates on Hold but Hike Risk Remains
Dow Jones06-25
1022 GMT - The Bank of England could leave interest rates unchanged at 3.75% as inflation risk has declined, Bank of America strategists say in a note. However, a BOE rate rise in 2026 can't be ruled out, they say. There is a risk that U.K. inflation could increase in the coming months to peak at 3.3%, before slowing to levels close to the BOE target of 2% in 2027, the analysts say. Investors price in an 84% chance of a BOE rate rise in 2026, LSEG data show. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
June 25, 2026 06:24 ET (10:24 GMT)
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