Markets Could be Overpricing BOE Rate-rise Expectations
Dow Jones
Jul 17
0828 GMT - Investors' expectations of interest-rate rises by the Bank of England look too aggressive, ING's Francesco Pesole says in a note. Markets price in a total of 36 basis points of BOE rate increases in 2026, LSEG data show, due to concerns that high oil prices could lead to elevated inflation. ING expects the BOE to keep interest rates on hold at 3.75% through out 2026. "We still see plenty of downside risk for front-end sterling rates," Pesole says. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
July 17, 2026 04:28 ET (08:28 GMT)
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