Analytical Reviews

Get the latest economic news from ForexMart, including updates on the financial market, central bank policy announcements, financial indicators, and other relevant news which can impact the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

JP Morgan: Bank of England may start tightening monetary policy


February, 27 2023
watermark Economic news

Analysts at J.P.Morgan Bank believe that at the meeting in June, the Bank of England will raise the key interest rate by 25 basis points, as further tightening of monetary policy will be required to curb inflation.


The bank's analytical note says that last week's strong data on business activity and sentiment in the UK run counter to the central bank's signals that inflation could have passed a turning point. These signals, in turn, made it clear to investors that the Bank of England may begin to complete the cycle of increasing the cost of borrowing.


J.P.Morgan also noted that recent data indicate some prospects for strengthening the labor market, which will require further tightening of monetary policy.


Experts suggest that if the rate is increased by 25 basis points in March, May and June, it will peak at 4.75%. At the same time, an increase of 50 bp in March is considered unlikely. 


At the same time, market participants and investors believe that the rate will peak at 4.73% by September.


コメントする

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.