金十数据
金十数据|9月 17, 2026 06:06
[Danske Bank: Bank of England Likely to Repeat 6-3 Vote to Hold Rates on Thursday] Jin10 News, September 17 – A report from Danske Bank points out that there are limited signs of UK inflation spreading to broader prices, with core inflation holding steady at 2.6% for three consecutive months and businesses' one-year forward price inflation expectations dropping to 3.8%. Meanwhile, GDP grew by 0.4% in July, and the labor market has shown moderate cooling, which overall is insufficient to justify an immediate rate hike. Bank of England Governor Bailey remains inclined to wait and see, while Deputy Governor Ramsden has previously emphasized the need to observe clear second-round inflation effects before adjusting policy. Therefore, it is highly likely that Thursday will see a repeat of the 6-3 vote to maintain rates unchanged. The baseline scenario remains that rates will stay at 3.75% until the second quarter of 2027. However, if energy prices remain elevated and the economy shows resilience, the Bank of England may still implement a 'precautionary rate hike.' Given the market's relatively aggressive pricing, if the policy stance is less hawkish than expected, the EUR/GBP could face upward risk.
+4
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads