BOE Terminal Rate
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BNP's Lynton-Brown on Bearish GBP & BOE Terminal Rate
Yahoo Financeยท 2025-12-01 10:25
Sam Lynton-Brown, Global Macro Strategy Head at BNP Paribas Markets 360, says the British Pound rally ahead of UK Chancellor Rachel Reeves's Autumn budget is short-lived, and the medium term picture of the currency is poor. "One is political uncertainty. The market needs to price a bit of a political tail. That is a downside risk for the pound. And the second is Bank of England. We think the market should price lower terminal policy rates from the Bank of England," he said. Lynton-Brown joined "The Pulse w ...