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BoE expected to keep interest rate unchanged as inflation pressures abate - TMGM
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BoE expected to keep interest rate unchanged as inflation pressures abate TMGM
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BoE expected to keep interest rate unchanged as inflation pressures abate - TMGM
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RBI set to keep interest rates unchanged as inflation risks persist - TMGM trading
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INVESTINGLIVEGiuseppe Dellamotta
BoE preview: will the central bank make another step towards a rate hike?
The desk anticipates that the Bank of England (BoE) will maintain the Bank Rate at 3.75% during today's meeting, with a possibility of one or two hawkish dissenters. Per the full note [source], while recent economic data has not urgently called for rate hikes, the persistent inflationary pressures, particularly in services, suggest that the BoE may signal a future rate increase, potentially as early as June. The market currently prices in a 63% probability of a June hike, indicating room for GBP appreciation should the BoE adopt a hawkish tone. This outlook contrasts with the FTSE 100, which may face downward pressure in such a scenario.
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