# BNP Paribas lowers its Bank of England terminal rate forecast
Published: 2023-08-04
Category: Headlines
Category URL: https://bizdispatch.com/category/headlines/
Meta Title: BNP Paribas Lowers Bank of England Interest Rate Forecast
Meta Description: Stay informed - BNP Paribas adjusts BoE terminal rate forecast to 5.50% after recent rate hike. Get the latest updates on economic trends.
URL: https://bizdispatch.com/bnp-paribas-lowers-its-bank-of-england-terminal-rate-forecast/

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## 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)


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