Global Rate-Hike Bets Jump -- WSJ

Dow Jones03-23

By Chelsey Dulaney

Energy disruptions from the Middle East have dramatically upended investors' expectations for central-bank policy this year. Investors have abandoned bets that the Fed will cut rates and moved to price in multiple rate-hikes from central banks across Europe.

Investors are now pricing in almost four rate increases by the European Central Bank and Bank of England this year, according to LSEG data. Before the conflict, the ECB was expected to hold rates steady while the BOE was expected to cut twice in 2026.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

March 23, 2026 11:31 ET (15:31 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment