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Above Target U.K. Inflation Opens Possibility of BOE Rate Rise in September -- Market Talk

Above Target U.K. Inflation Opens Possibility of BOE Rate Rise in September -- Market Talk

Dow JonesDow Jones2026/07/30 12:45

1245 GMT - U.K. inflation remains above the 2% Bank of England target and this opens the possibility of a BOE rate rise in September, Mattioli Woods' Katy Stoves says in a note. The BOE on Thursday voted to keep interest rates unchanged at 3.75%, with six members in favor while three members voted to increase interest rates. Money markets currently price in a 31% chance of a quarter-point BOE rate increase in September, LSEG data show. (miriam.mukuru@wsj.com)

(END) Dow Jones Newswires

July 30, 2026 08:45 ET (12:45 GMT)

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