Bank of England meeting preview - to slow bond sales, keep rates steady at 4% ...Middle East

News by : (forex live) -

Policymakers are likely to vote 7–2 in favour of holding steady, after last month’s narrow 5–4 decision to cut rates.

Markets anticipate the BoE will reduce the annual pace of gilt sales from £100 billion to around £67.5 billion, according to a Reuters poll, with some analysts predicting an even deeper slowdown to £60 billion or a shift toward shorter-dated bonds.

While the BoE insists QT has only marginally lifted borrowing costs, critics argue it has exacerbated volatility and contributed to the sharp rise in long-dated gilt yields this month.

Futures markets now price only a 30% chance of another cut this year, though economists in a Reuters poll still see scope for reductions in November or December and again in early 2026.

Gilt yields may ease if QT slowdown is larger than expected, but inflation risks linger

Sterling could firm if policymakers strike a hawkish tone despite holding rates steady

The Bank of England announcement is due at 1100 GMT, 0700 US Eastern time.

This article was written by Eamonn Sheridan at investinglive.com.

Hence then, the article about bank of england meeting preview to slow bond sales keep rates steady at 4 was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Bank of England meeting preview - to slow bond sales, keep rates steady at 4% )

Last updated :

Also on site :

Most Viewed News
جديد الاخبار