Markets are now fully pricing in 3 rates hikes by the BoE in 2026

Newsquawk StaffPublished 20 Mar 2026, 10:01 UTC

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09:49

ECB's Makhlouf says the ECB is currently managing extreme uncertainty, adds that action will be taken if facts point to action, every meeting is a live meeting via Bloomberg interview

09:48

The Trump Administration is reportedly considering plans to occupy or blockade Iran's Kharg Island to pressure Iran to reopen the Strait of Hormuz, Axios reports citing sources

09:41

Markets are now fully pricing in 3 rates hikes by the BoE in 2026

09:30

Fitch affirms New Zealand at "AA+"; revises outlook to negative; "The Outlook revision reflects our view that a substantial debt reduction is becoming more difficult to envisage"; adds "Iran war poses some risks to the economy"

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Germany reportedly to streamline arms exports for 6 months

On the Newsquawk feed at 09:41, 20 minutes before this page.

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Context

The market's full pricing of three rate hikes by the BoE in 2026 suggests a significant shift in expectations around UK monetary policy. This indicates a growing confidence in the economic recovery and potential inflationary pressures; however, the timeline could still be subject to change based on upcoming data and geopolitical developments. Watch for implications on GBP strength and how this may influence investor sentiment across fixed income assets.

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