BOE Expected to Lower Near-Term GDP Forecasts at Next Meeting -- Market Talk
Dow Jones
Jan 30
1059 GMT - The Bank of England is expected to lower its near-term U.K. GDP forecasts during its rate decision meeting on Feb. 5, Deutsche Bank's Sanjay Raja says in a note. However, the BOE's medium-term GDP forecasts are likely to be raised "on the back of supportive conditioning assumptions", Raja says. Markets price in a 97% chance that the BOE will keep interest rates unchanged at 3.75% in February, LSEG data show. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
January 30, 2026 06:00 ET (11:00 GMT)
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