Bank of England to raise interest rates in April, July on inflation risks, J.P. Morgan says

Goldman Sachs expects prolonged BoE pause, sees next rate cut in 2027

Goldman Sachs expects prolonged BoE pause, sees next rate cut in 2027

Bank of England to raise interest rates in April, July on inflation risks, J.P. Morgan says

J.P. Morgan expects the Bank of England to hike interest rates by 25 basis ​points each in April and July, changing its stance ‌of anticipating no change this year, after the central bank turned hawkish on higher inflation risks from the Middle East war.

Bank of England to hike interest rates, JP Morgan says

The Bank of England will hike interest rates at its next meeting in late April, JP Morgan has predicted, presenting a new threat to the security of the UK economy.  JP Morgan economist Allan Monks has said that the Bank’s Monetary Policy Committee (MPC) will opt to raise interest rates at least twice this year.  The Wall Street bank’s UK economist said interest rates would be left at 4.25 per cent by July, up from its current level of 3.75 per c…