Investors have scaled back expectations for Bank of England interest-rate increases after international oil prices fell following news of a U.S.-Iran agreement to end the conflict. According to Jin10, the pullback in oil prices eased market concerns that higher energy costs could add to inflation risks.
LSEG data showed investors were pricing in a total of 26 basis points of Bank of England rate hikes in 2026, down 11 basis points from last Friday.
Investors Cut Bank of England Rate-Hike Bets After U.S.-Iran Deal Eases Oil Prices
2026-06-15 08:24:06
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