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Bank of England Expected to Hold Rates Throughout 2026, Begin Two Cuts from Spring 2027

2026-07-28 06:37:47

According to ING Economics, the Bank of England is expected to maintain interest rates unchanged throughout 2026, with inflation forecast to approach 3% in the second half of the year and into early 2027—remaining within the central bank's tolerance range. The institution predicts two rate cuts beginning from spring 2027, contingent on the autumn budget containing no material fiscal stimulus. Recent sterling weakness reflects investor concerns over funding sources for new Prime Minister Keir Starmer's spending commitments.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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