JPMorgan Chase: The Bank of England is expected to remain on hold in 2026, with the next rate cut likely postponed until Q1 2027

What is the basis for AI · JPMorgan Chase’s adjusted forecast?

【JPMorgan Chase: Expect the Bank of England to hold steady in 2026, with the next rate cut possibly delayed until Q1 2027】Cailian Press, March 17 — JPMorgan Chase expects the Bank of England to remain on hold in 2026, previously forecasting a 25 basis point cut in April and June. JPMorgan predicts the next rate cut will be delayed until the first quarter of 2027.

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