Bank of England Likely To Keep Rates On Hold As Markets Ramp Up Hike Bets
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ING Economic and Financial Analysis5.35K FollowersFollow5ShareSavePlay(6min)CommentsFollow us on Google for the latest stock newsFollow Seeking Alpha on Google for the latest stock newsSummaryFinancial 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.
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 expectationsThis article was written byING Economic and Financial Analysis5.35K FollowersFollowFrom Trump to trade, FX to Brexit, ING’s global economists have it covered. Go to ING.com/THINK to stay a step ahead. We’re sorry we can’t reply to individuals' comments.Content disclaimer: The information in the publication is not an investment recommendation and it is not investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.This publication has been prepared by ING solely for information purposes without regard to any particular user's investment objectives, financial situation, or means. For our full disclaimer please click here.