BoE Rate Decision Preview: Markets Expect Rates to Hold at 4.25%
Source Tradingkey
TradingKey – BoE Rate Decision Looms as GBP/JPY Slides for Third Straight Day
The Bank of England (BoE) is set to announce its June interest rate decision on Thursday, June 19, with markets widely expecting the central bank to hold rates steady at 4.25%.
Although a rate hold is the consensus, expectations for future cuts vary across institutions:
- Capital Economics and Bank of America forecast a reduction to 3.5% by late 2025 or early 2026.
- UBS and Rabobank anticipate a more moderate cut to 3.75% by year-end.
The rate decision comes amid rising geopolitical tensions in the Middle East, which have added to market uncertainty and contributed to the recent decline in GBP/JPY.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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