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Bank of England Chief Economist Huw Pill said there is no predetermined path for interest rates from spring onward. He said rates could stay on hold or fall if UK growth stalls, and cited pressure on company margins as a key factor.
A weaker growth outlook could reduce expectations for UK rate hikes and weigh on sterling. GBP/USD fell after the remarks.
fxstreet.comEren SengezerNov 6, 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.
