Financial firms pivot from cuts to “active hold” in latest BoE poll

Financial firms pivot from cuts to “active hold” in latest BoE poll

Financial firms surveyed by the Bank of England ​last month did not expect ‌the central bank to raise interest rates this year, though they ​no longer expected rates to ​be cut, according to a ⁠poll released by the BoE. The BoE’s quarterly Market ​Participants Survey, conducted from April 15-17, showed a median expectation for Bank Rate ​at the end of 2026 ​to be 3.75 per cent, versus an expectation three ‌months ⁠earlier for it to be cut to 3.2…