J.P. Morgan expects BoE to hike rates in February
J.P. Morgan expects the Bank of England to raise interest rates in February, following the central bank’s decision to keep borrowing costs on hold, and warns of further tightening if the Iran war continues. The UK central bank’s Monetary Policy Committee voted 6-3 to keep rates at…
P. Morgan expects the Bank of England to raise interest rates by 25 basis points in February after the central bank chose to keep borrowing costs on hold. The firm also warned that additional tightening could follow if the Iran war continues. The Monetary Policy Committee voted 6-3 to leave rates unchanged.