Above Target U.K. Inflation Opens Possibility of BOE Rate Rise in September -- Market Talk
Dow Jones2026/07/30 12:451245 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)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US crude oil: fluctuating upward, buy on dips
Spot gold: range-bound oscillation, sell on rallies and buy on dips