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Bank of England Likely To Keep Rates On Hold As Markets R...
2026-04-24 · via All Articles on Seeking Alpha

Summary

  • Financial markets are once again pricing upwards of two Bank of England rate hikes this year.
  • Governor Andrew Bailey won't like that.
  • But with the ongoing crisis in the Middle East, we doubt the Bank will meaningfully push back against market expectations at its 30 April meeting.
Bank of England building in City of London, UK

Getty Images

By James Smith, Developed Markets Economist, UK

Markets are pricing two rate hikes this year

The Bank of England is poised to keep rates on hold at its April meeting. But will it push back against market expectations

5.35K Followers