J.P. Morgan expects only one BoE rate hike this year
J.P. Morgan now expects a single Bank of England rate hike in June following Governor Andrew Bailey's comments. The bank previously forecast two increases.
Xurve View
Xurve View
The financial institution J.P. Morgan has revised its interest rate outlook for the United Kingdom following recent commentary from central bank leadership. The United States based investment bank now anticipates only a single interest rate increase from the Bank of England in 2026, a significant shift from its previous projection of two hikes.
