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Sterling rises as markets price more Bank of England hikes
Sterling edged up to $1.354 as renewed inflation concerns lifted expectations for further BoE rate hikes. Markets are fully pricing a 25-basis-point increase by December, with two more hikes in 2027.
BoE MPC Vote Cut Actual 0 (Forecast 0, Previous 0)
BoE MPC Vote Cut Actual 0 (Forecast 0, Previous 0)
LS PREVIEW | BoE Set To Hold Rates As Markets Focus On Vote Split And Updated Forecasts
LONDON Few expect the Bank of England to spring a surprise on Thursday, with policymakers widely forecast to leave the Bank Rate unchanged at 3.75%. Instead, attention will centre on the Monetary Policy Report, the voting split and whether officials adopt a more hawkish tone in response to renewed energy-driven inflati
BoE MPC Vote Unchanged
BoE MPC Vote Unchanged
BoE MPC Vote Unchanged
BoE MPC Vote Unchanged