UBS says BoE likely to hold rates through 2026, restart cuts in February 2027
- BoE is likely to keep the Bank Rate at 3.75% for the remainder of 2026.
- Maintaining a restrictive stance should allow the BoE to contain any second‑round inflation effects; given a weak economic and labour‑market starting point, further hikes are unlikely.
- UBS expects the next policy moves to be rate cuts in February and April 2027.
#UNITED KINGDOM#GBP#EUROPE#UBS AG#BOE#FIXED INCOME#EU SESSION#US SESSION#CENTRAL BANK