JP MORGAN EXPECTS BOE TO HIKE INTEREST RATES BY 25 BPS EACH IN APRIL AND JULY 2026 VS PRIOR FORECAST TO HOLD RATES THROUGHOUT THIS YEAR JP MORGAN: WE ARE PUTTING TWO CUTS IN THE FORECAST, BUT NOT UNTIL 2Q AND 4Q OF 2027 JP MORGAN: WE EXPECT INFLATION WILL FALL BACK NEXT YEAR, BUT NOT UNTIL THE SPRING

2026-03-20

JP MORGAN EXPECTS BOE TO HIKE INTEREST RATES BY 25 BPS EACH IN APRIL AND JULY 2026 VS PRIOR FORECAST TO HOLD RATES THROUGHOUT THIS YEAR JP MORGAN: WE ARE PUTTING TWO CUTS IN THE FORECAST, BUT NOT UNTIL 2Q AND 4Q OF 2027 JP MORGAN: WE EXPECT INFLATION WILL FALL BACK NEXT YEAR, BUT NOT UNTIL THE SPRING