UK Central Bank May Maintain Interest Rates, Aberdeen Investments Says

Aberdeen Investments' Matthew Amis stated in a report on May 13 that the Bank of England might keep interest rates unchanged at 3.75% in the coming months, which could lead to a decline in short-term UK bond yields. According to Jin10, Amis noted that if the Strait of Hormuz reopens in the next few weeks, the Bank of England will not raise rates, and the anticipated rate hikes already factored into short-term UK bond yields will be eliminated, resulting in a decrease in yields. He added that investors are hopeful for a swift resolution to the Middle East conflict.