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BNP Paribas lowers BOE terminal rate forecast to 5.50%

BNP Paribas lowers BOE terminal rate forecast to 5.50%

News
Justin Low
04/08/2023 | 05:49 GMT
  • The firm previously saw a peak of 5.75% in the bank rate

This comes after the policy meeting yesterday, so BNP is saying that they are only seeing one more rate hike to go for the BOE. In terms of market pricing, the OIS market is seeing a peak in rates at 5.70% at the moment.

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