Any BOE Interest Rate Rises Are Likely to be Modest -- Market Talk
Dow Jones03-20 00:25
1625 GMT - Money markets are pricing in the possibility of the Bank of England raising interest rates in the coming months, but any such move is likely to be moderate, MUFG's Henry Cook and Lee Hardman say in a note. Any monetary tightening by the BOE is likely to be modest given "the higher starting point for interest rates, relatively soft domestic demand, and the absence of the Covid-related supply disruptions that amplified the 2022 energy shock," they say. Markets are pricing in the possibility of two 25 basis-point rate rises by September, LSEG data show. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
March 19, 2026 12:25 ET (16:25 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
