BOE Vote Split, Assessment of Second-Round Inflation Effects in Focus
Dow Jones
3 hours ago
0651 GMT - Investors will pay attention to the vote split at the Bank of England interest rate decision due at 1100 GMT and it's assessment of the U.K. second-round inflation effect, Capital.com's Daniela Hathorn says in a note. The BOE is expected to keep interest rates on hold at Thursday's policy decision. Nonetheless, markets fully price in three quarter-point BOE rate rises by March 2027, LSEG data show. The U.S. Federal Reserve raised interest rates on Wednesday, as widely expected, and Fed Chairman Kevin Warsh emphasised that inflation remains high.
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