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      BofA Global Research Predicts Bank of England Rate Hikes in Late 2026 and Early 2027

      BofA Global Research has revised its forecast for the Bank of England (BoE), anticipating a 25 basis point increase in interest rates in November 2026 and again in February 2027. This marks a significant shift from their previous outlook, which projected that rates would remain unchanged until a potential cut in November 2027.

      The adjustment in expectations reflects changing economic conditions and signals a proactive approach by the BoE to address inflationary pressures. The anticipated rate hikes are part of a broader strategy to stabilize the economy as it navigates post-pandemic recovery challenges.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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