Investors Increase Bets on BOE Raising Rates as Oil Prices Advance
Dow Jones09-09 15:44
0744 GMT - Investors raise their expectations of the Bank of England increasing interest rates in the coming months due to inflation concerns as oil prices edge above $100 per barrel in early trade Wednesday. Traders fully price in three BOE rate rises by July 2027, up from two rate hikes priced in on Tuesday, LSEG data show.
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