BofA Global Research Changes BOE Rate Hike Forecast
BofA Global Research now projects the Bank of England (BOE) will implement two 25 basis point interest rate hikes, occurring in November 2026 and February 2027. This revised forecast marks a shift from their previous expectation of stable rates until a cut in November 2027.
This change suggests BofA anticipates a more aggressive monetary policy stance from the BOE than previously thought. Such a hawkish outlook typically supports the British Pound. Traders on Hyperdash have taken ![]()
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