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    Home > Top Stories > BNP Paribas lowers its Bank of England terminal rate forecast
    Top Stories

    BNP Paribas lowers its Bank of England terminal rate forecast

    BNP Paribas lowers its Bank of England terminal rate forecast

    Published by Uma Rajagopal

    Posted on August 4, 2023

    Featured image for article about Top Stories

    BNP Paribas lowers its Bank of England terminal rate forecast

    (Reuters) – BNP Paribas on Friday lowered its Bank of England (BoE) terminal rate forecast to 5.50% from a prior estimate of 5.75%.

    The move comes after BoE raised its key interest rate by a quarter of a percentage point to a 15-year peak of 5.25% on Thursday.

    (Reporting by Subhadeep Chakravarty; Editing by Dhanya Ann Thoppil)

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