Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
30 November 2022 | Other

JP Morgan expects UK interest rate to hit 4.25% by Q1 2023

GBPUSD
EURGBP
GBPAUD
GBPCAD
GBPJPY

According to the forecast of JP Morgan analysts, the Bank of England will lift the bank rate to 4.25% by the first quarter 2023.

They believe that tighter fiscal policy will follow later. The cycle of monetary policy tightening, on the other hand, will last longer than in previous years.

The economy of the UK is also projected to slow in 2024. According to their estimates, the GDP will fall by 0.6% next year amid tighter monetary and fiscal policy. In addition to this, the pandemic and exit from the EU will weigh on the UK growth. By contrast, the UK recorded GDP growth of 4.3% in 2022.

Company MarketCheese

Recommended

United States. Industrial Production (MoM). The value of the indicator remained at the same level of 0.1%
Yesterday at 1:20 PM
United States. Industrial Production (YoY). The value of the indicator has decreased from 1.67% to 1.14%
Yesterday at 1:20 PM
United States. Retail Sales (MoM). The value of the indicator has decreased from 1% to 0.2%
16 July
European Union. Trade Balance. The value of the indicator has decreased from -1.2B to -7.8B
16 July
United Kingdom. Trade Balance. The value of the indicator has increased from -24.58B to -18.66B
16 July
Top news
United States. Retail Sales (MoM). The value of the indicator has decreased from 1% to 0.2%
16 July
European Union. Trade Balance. The value of the indicator has decreased from -1.2B to -7.8B
16 July
Canada. BoC Interest Rate Decision. The value of the indicator remained at the same level of 2.25%
15 July
United States. CPI (YoY). The value of the indicator has decreased from 4.2% to 3.5%
14 July
United States. Trade Balance. The value of the indicator has decreased from $-54.6B to $-77.6B
7 July
All news

Forecasts

Brent buy
Period: 24.07.2026 Expectation: 650 pips
Brent crude still has upside potential after consolidation
FA Other Technical analysis Indicators Chart analysis Fundamental analysis
Yesterday at 11:28 AM 21
Lyra_Moonwell1
AUDCAD sell
Period: 17.08.2026 Expectation: 650 pips
Selling AUDCAD down to 0.97500
Indicators and reports FA Other Hot news Indicators
Yesterday at 10:07 AM 21
Sinclair_John
USDCAD buy
Period: 24.07.2026 Expectation: 950 pips
USDCAD is bottoming out after recent pullback from July highs
Indicators and reports Technical analysis Hot news Indicators Fundamental analysis
Yesterday at 07:21 AM 24
Emily_Foster
GBPUSD sell
Period: 01.08.2026 Expectation: 2400 pips
GBPUSD sell-off targets 1.31500
Indicators and reports FA Other Hot news Chart analysis
Yesterday at 06:18 AM 23
Reed_Marcus
Gold sell
Period: 31.07.2026 Expectation: 250 pips
Selling gold down to $4,000
FA Other Chart analysis
Yesterday at 06:13 AM 27
Bruce_Powers
USDJPY sell
Period: 23.07.2026 Expectation: 1090 pips
USDJPY sell-off targets 161.030 amid lower market volatility and higher inflation expectations in Japan
FA Other Technical analysis Indicators Chart analysis Fundamental analysis
16 July 2026 20
Lyra_Moonwell1
Go to forecasts