# Financial firms last month did not expect BoE to raise rates, BoE survey shows | Reuters

> A Bank of England survey of financial firms conducted April 15-17 showed a median expectation for Bank Rate at 3.75% by end-2026, versus an earlier expectation of a cut to 3.25%. Firms no longer expected cuts but did not expect hikes either. Interest rate futures were pricing at least two quarter-point hikes.

- Date: 2026-05-01 · published 2026-05-01T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/19521-financial-firms-last-month-did-not-expect-boe-to-raise-rates-boe-survey-shows
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

The gap between survey expectations and market pricing reflects uncertainty over UK rate direction, which matters for sterling and UK borrowing costs. It has no direct bearing on feed commodity supply or demand.

## Sources

- reuters.com: https://www.reuters.com/business/financial-firms-last-month-did-not-expect-boe-raise-rates-boe-survey-shows-2026-05-01/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.