In this paper, we discuss:
• Why the BoE is expected to hold rates at 3.75%.
• Why the bar for a rate hike remains high despite the energy shock.
• How oil prices and geopolitics are driving UK rate expectations.
• Why the BoE could further slow the pace of QT.
• Why rate cuts remain possible in late 2027.
Download PDF: BOE Preview – September 2026
