BOE Expected to Keep Rates Unchanged in Coming Months -- Market Talk
Dow Jones
Jun 18
1002 GMT - The Bank of England is expected to hold interest rates at 3.75% in the coming months, even as the probability of the U.S. Federal Reserve raising interest rates rises, Morgan Stanley's Bruna Skarica says in a note. Thursday's U.K. jobs data signals a fragile labor market, reducing the need for the BOE to increase interest rates to tackle inflation. The Fed signaled readiness to increase interest rates in the coming months during Wednesday's policy decision. "We think in the near term, the BOE is well-positioned to keep its tightening bias and continue to keep rates on hold." (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
June 18, 2026 06:02 ET (10:02 GMT)
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