Institutional View: If the Bank of England continues to raise interest rates, the pound sterling has room for appreciation
智通财经2026/11/06 11:37- Kudo analysts pointed out that the Bank of England implemented its first rate hike in over three years on Thursday, raising the policy rate to 4%. The central bank signaled that if tensions in the Middle East persist, it will further tighten monetary policy, which is bullish for the pound.
- Money markets are pricing in a 51% probability of a rate hike by the Bank of England in December.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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