Traders price higher Bank of England rate path on rising oil
LSEG data show markets fully pricing a one quarter-point BOE rate increase by December, with a second hike by March 2027, as oil prices rise and inflation concerns mount.
Investors are increasingly pricing in the possibility of the Bank of England raising interest rates in the coming months as inflation concerns rise alongside oil prices. LSEG data show markets fully price in one quarter-point BOE rate increase by December and a second rate hike by March 2027.