Bar for Bank of England Rate Hike Remains High -- Market Talk
Dow Jones03-19 22:00
1400 GMT - Unless inflation expectations trend significantly higher from here, the bar for a Bank of England interest-rate hike remains high, Quintet's Daniele Antonucci says in a note. The dataflow in the next few weeks will be crucial, as the situation for energy prices remains fluid and highly uncertain, he says. "Despite weak domestic growth, the dominant concern is that inflation expectations could de-anchor," he says. Wage rises are easing, but not enough to offset the renewed price pressures coming through from the Iran war. "The next policy meeting could take place against a significantly changed backdrop if energy markets continue to be disrupted," Antonucci says. (edward.frankl@wsj.com)
(END) Dow Jones Newswires
March 19, 2026 10:00 ET (14:00 GMT)
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