BOE Could Signal Willingness to Raise Interest Rates in Future
Dow Jones
Jul 24
0941 GMT - The Bank of England is expected to keep interest rates unchanged at 3.75% next week, but it could keep the door open to a hike at future meetings, Bank of America economists say in a note. Elevated energy prices raise the risk of a BOE rate rise this year, they say. The economists don't expect the BOE to give a strong signal about an imminent hike on Thursday, given uncertainty surrounding the Middle East conflict and limited second-round effects from high oil prices so far. Markets are pricing a total of 44 basis points of BOE rate rises in 2026, LSEG data show. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
July 24, 2026 05:41 ET (09:41 GMT)
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