JPMorgan Forecasts Two 25 Basis Point Rate Hikes by Bank of England in 2026
On March 20, JPMorgan predicted that the Bank of England will raise interest rates by 25 basis points each in April and July 2026, a shift from its previous forecast of maintaining unchanged rates throughout the year. The firm has factored in expectations for two rate cuts, but anticipates these will not occur until the second and fourth quarters of 2027. JPMorgan expects inflation to fall back next year, but not until the spring. (Jins10)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pimco warns: 10-year US Treasury yield may hit 6%, for the first time since 2000
PIMCO's Chief Investment Officer stated that due to high oil prices intensifying inflation concerns and market unease over the growing U.S. public debt, the benchmark 10-year U.S. Treasury yield could rise to 6% for the first time since 2000.
Altcoin Rises 138% in One Month and Enters Top 20, What’s Behind the Rally? Here Are the Details
OpenAI's annualized revenue aims for $70 billions, with enterprise business as a driving force
According to sources familiar with the matter, OpenAI is expected to reach or exceed an annualized revenue of 7 billion dollars by the end of this year, mainly driven by the growth of its enterprise business.
Crypto prices
More
