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BNP Paribas expects UK growth to slow to 0.7% in 2026 with inflation reaching 3.6% amid the Iran conflict. It forecasts 50 basis points of BoE tightening in 2026 and GBP/USD stabilising around 1.35 by Q4 2026.
Gilt yields are expected to remain elevated before easing in 2027.
The forecast reflects energy-driven inflation and tighter UK policy, which affect sterling and UK financing conditions. It does not directly change global feed supply or demand.
fxstreet.comFXStreet Insights TeamMay 26, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
