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ING Predicts BoE Rate Hike in June as UK Q1 Growth Unlikely to Shift Policy, May 14

2026-05-14 08:07:25

According to Jin10 data on May 14, ING analyst James Smith predicted that strong UK first-quarter economic growth data is unlikely to alter the Bank of England's monetary policy expectations. Smith expects the BoE to hike rates once in June. He noted that UK economic growth has historically been stronger in early years since 2022, suggesting potential deceleration in coming quarters. Smith forecast Q2 growth around 0.2%-0.3%, with Q3 potentially turning negative amid falling real incomes and rising inflation.

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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BoE Deputy Governor Breeden Says Could Wait Until Later 2026 to Raise Rates on May 14

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In-Depth Analysis

Bank of England: Stablecoins are a “new form of money,” and is open to tokenized deposits

ChainNewsAbmedia05-14 04:38

The Bank of England views stablecoins as “a new form of money” and will open system-wide applications by the end of the year

Market Whisper05-14 03:10

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