Bank of England does not need to hike interest rates, says IMF — it may even need to cut

The Bank of England is expected to hold rates, with the possibility of additional hikes this year, as inflation reaccelerates due to the Iran war. The article implies a more hawkish policy stance and higher-for-longer yields, which could pressure rate-sensitive assets across UK markets.

Analysis

The Bank of England is expected to hold rates, with the possibility of additional hikes this year, as inflation reaccelerates due to the Iran war. The article implies a more hawkish policy stance and higher-for-longer yields, which could pressure rate-sensitive assets across UK markets.