BOE Could Vote 7-2 in Favor of Keeping Interest Rates Unchanged in July
Dow Jones
Jul 23
1204 GMT - The Bank of England could vote to keep interest rates unchanged at 3.75% next week, with seven members in favor while two members could prefer a rate increase, Nomura Global Markets Research analysts say in a note. Nomura analysts expect no rate rises from the BOE in the coming months. However, the BOE could be pushed to increase interest rates later this year to tackle second-order effects of inflation or to counter the risk of rising inflation, the analysts say. Markets fully price in one quarter-point BOE rate increase in November, and an 84% chance of a second rate increase by year end, LSEG data show. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
July 23, 2026 08:04 ET (12:04 GMT)
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