Morgan Stanley on Friday revised its Bank of England outlook, now expecting 25bps hikes in November and again in February after previously forecasting no rate moves in the foreseeable future. The bank said it has formally shifted to two quarter-point increases and flagged tighter fiscal policy as the key potential catalyst. Analysts expect growth to slow at the start of next year but judge near-term risks balanced given strong global growth. The Bank of England last week held rates, warned a pro

2026-09-25

Morgan Stanley on Friday revised its Bank of England outlook, now expecting 25bps hikes in November and again in February after previously forecasting no rate moves in the foreseeable future. The bank said it has formally shifted to two quarter-point increases and flagged tighter fiscal policy as the key potential catalyst. Analysts expect growth to slow at the start of next year but judge near-term risks balanced given strong global growth. The Bank of England last week held rates, warned a prolonged Iran war could force further tightening, and projected inflation above 4% in early next year.

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2026-09-25

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2026-09-25

On the 24th in New York during the 81st UN General Assembly, Pakistan Prime Minister Shehbaz met Iranian President Pezeshkian. They reaffirmed long-standing bilateral ties and agreed to deepen cooperation and regular consultations. Shehbaz expressed concern about ongoing regional conflicts, urged restraint, de-escalation and sustained diplomatic engagement, and called for implementation of the Islamabad Memorandum of Understanding, saying Pakistan will play a constructive role. Pezeshkian welcom