interest rates

The next MPC meeting is in August

Markets had been forecasting a 25bps cut this month given April's NIC rise

As priced in by markets

This was the first MPC meeting of the year

Up to two cuts expected before year-end

Remains at the BoE’s target level

Investors expect good returns from real assets this year, especially in real estate equity and infrastructure, according to Aviva Investors’ Real Assets Study 2024.

Despite their inflation protection and diversification qualities, real assets’ vulnerability to sustained high interest rates is the top concern for most investors according to the Aviva Investors’ Real Assets Study 2024.

Interest rates held at 5.25% for sixth time in a row

Bank's decision marks fifth consecutive hold of rates at current level