Investors Cut BOE Rate-Rise Expectations as Oil Prices Fall
Dow Jones
Jul 27
1155 GMT - Markets lower their expectations of the Bank of England increasing interest rates in the coming months as oil prices fall. The U.S. and Iran paused attacks over the weekend, after two weeks of exchanging fire, causing oil prices to fall. Brent crude is last down 7.8% at $89.2 a barrel. Lower energy prices ease inflation concerns and reduce the possibility of rapid central-bank rate rises in the coming months. Investors currently price a total of 36 basis points of BOE rate rises in 2026, 11 basis points lower than Friday's pricing, LSEG data show. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
July 27, 2026 07:55 ET (11:55 GMT)
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