Market Lowers Expectations for Bank of England Rate Hikes as Oil Prices Fall
2026-07-28 09:08:14
Investor expectations for the Bank of England to raise rates in the coming months have eased as oil prices retreated. According to Jin10, London Stock Exchange Group data showed markets are currently pricing in a total 35 basis points of increases in the UK benchmark rate in 2026, down 12 basis points from expectations reflected last week.
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