[ING: Market May Be Overpricing BOE Rate Hike Expectations] Jin10 News, July 17 – Francesco Pesole of ING stated in a report that investors' expectations for Bank of England (BOE) rate hikes appear overly aggressive. The market has currently priced in a total of 36 basis points of rate hikes by the BOE by 2026. However, ING expects the BOE to maintain the interest rate at 3.75% throughout 2026. Pesole noted: 'We still believe there is significant downside risk for short-term GBP rates.'