BoE: Expected to on prolonged hold – Societe Generale
Societe Generale economists report that the Bank of England's (BoE) Monetary Policy Committee (MPC) left Bank Rate at 3.75% with an 8–1 vote. Their base case is for rates to remain unchanged through 2026, though further hikes of 50–75 bps are possible if the US‑Iran conflict persists.
Societe Generale economists report that the Bank of England's (BoE) Monetary Policy Committee (MPC) left Bank Rate at 3.75% with an 8–1 vote. Their base case is for rates to remain unchanged through 2026, though further hikes of 50–75 bps are possible if the US‑Iran conflict persists.