Berenberg flags investors overpricing BOE rate rises
Berenberg’s Andrew Wishart says markets appear to be pricing too many Bank of England quarter-point hikes by September 2027 amid higher energy prices and inflation concerns.
Markets’ expectations for Bank of England rate increases appear overstated, Berenberg’s Andrew Wishart said in a note. High energy prices have fuelled inflation concerns, and LSEG data show investors are fully pricing in four quarter-point BOE rate increases by September 2027. The BOE may not…