# BNP Paribas lowers its Bank of England terminal rate forecast
Published: 2023-08-04
Category: Headlines
Category URL: https://entrepreneurtribune.com/category/headlines/
Meta Title: BNP Paribas lowers Bank of England rate forecast to 5.50%
Meta Description: Stay informed on BNP Paribas' latest rate forecast adjustment for the Bank of England, now at 5.50% after recent BoE rate hike.
URL: https://entrepreneurtribune.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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