BofA Global Research Now Expects BoE Rate Hikes in Nov 2026 and Feb 2027

This is a macro call, not a crypto or RWA story, but it matters for the sector anyway: a shift from no-hike to hike expectations changes the discount rate that every yield-bearing token and tokenized treasury product is implicitly priced against. The signal here is less about the BoE specifically than about energy costs feeding a stickier inflation path, which is the same input that has repeatedly reset rate expectations across major central banks. Whether other forecasters follow BofA's revision is the open question worth watching.