# BNP Paribas lowers its Bank of England terminal rate forecast
Author: Pal sinha, Barnali
Author URL: https://startupobserver.com/author/pal-sinha-barnali/
Published: 2023-08-04
Category: Headlines
Category URL: https://startupobserver.com/category/headlines/
Meta Title: BNP Paribas lowers Bank of England rate forecast to 5.50%
Meta Description: Stay informed with BNP Paribas' latest update on the Bank of England's terminal rate forecast, experience expert analysis on the recent adjustments.
URL: https://startupobserver.com/bnp-paribas-lowers-its-bank-of-england-terminal-rate-forecast/

![undefined](https://prod.superblogcdn.com/site_cuid_cm5qsrmdo0032wirgrt84jr62/images/2023-08-04t055648z2lynxmpej73063rtroptp4global-banks-bnp-paribas-1737044473375-compressed.jpg)

## 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)


---
This blog is powered by Superblog. Visit https://superblog.ai to know more.
---