Market talk lifts expectations for Bank of England rate hikes
Markets are raising expectations for Bank of England interest-rate hikes in the coming months as oil prices surge. Brent last trades at $94.32 a barrel after U.S. and Iran resumed hostilities.
Markets increase their expectations of the Bank of England increasing interest rates in the coming months as oil prices surge.
Brent crude oil last trades at $94.32 a barrel, notably higher than last week's levels, after the U.S. and Iran resumed hostilities over the weekend.
Investors currently fu…