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Bank of England Likely to Hold Interest Rates Unchanged Through 2026, Caixin Macro Says

2026-06-12 08:11:03

According to Caixin Macro economist Ruth Gregory on June 12, the Bank of England will likely maintain interest rates unchanged for the rest of 2026, though rate hikes in July or September cannot be ruled out. The contraction in UK real GDP for April signals the economy is losing momentum from the strong start to the year, which should limit inflationary pressures. As energy price increases strain household real incomes, economic growth is expected to stall in the current and next quarters.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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Gate Instant Trends06-11 11:29

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