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BoE: On hold as CPI stays above target – Societe Generale

FXStreet 2026-03-30 13:56
BoE: On hold as CPI stays above target – Societe Generale

News brief

Societe Generale economists note the United Kingdom (UK) markets still price around 70 bps of Bank of England (BoE) easing in 2026 despite Monetary Policy Committee (MPC) pushback, while the bank’s team expects no cuts this year. Societe Generale economists note the United Kingdom (UK) markets still price around 70 bps of Bank of England (BoE) easing in…

Why traders care

For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment.

What to watch next

  • Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.

Societe Generale economists note the United Kingdom (UK) markets still price around 70 bps of Bank of England (BoE) easing in 2026 despite Monetary Policy Committee (MPC) pushback, while the bank’s team expects no cuts this year. Societe Generale economists note the United Kingdom (UK) markets still price around 70 bps of Bank of England (BoE) easing in… Societe Generale economists note the United Kingdom (UK) markets still price around 70 bps of Bank of England (BoE) easing in 2026 despite Monetary Policy Committee (MPC) pushback, while the bank’s team expects no cuts this year. BoE: On hold as CPI stays above target – Societe Generale · FundoraPro News

Societe Generale economists note the United Kingdom (UK) markets still price around 70 bps of Bank of England (BoE) easing in 2026 despite Monetary Policy Committee (MPC) pushback, while the bank’s team expects no cuts this year. They see higher fuel costs lifting headline CPI modestly above BoE projections and keeping it near 3–3.5%, but argue slack and weak demand should limit second‑round inflation effects.Limited pricing power and sticky inflation"Last… For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline. BoE: On hold as CPI stays above target – Societe Generale · FundoraPro News

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