Markets Price Three BOE Rate Hikes by End-2027
Markets bet on three Bank of England rate increases by the end of 2027, citing inflation concerns after stronger-than-expected U.S. inflation data.
Markets bet on three interest-rate increases by the Bank of England by the end of 2027 due to inflation concerns after Tuesday's stronger-than-expect U.S. inflation data. The data revived concerns about high inflation, causing markets to price in more rate rises by the U.S. Federal Reserve and the…