The United States and Iran reach an agreement, investors lower their expectations for the Bank of England to raise interest rates

According to JinShi Data on June 15th, the United States and Iran have reached an agreement to alleviate energy inflation concerns. LSEG data shows that investors are pricing a total of 26 basis points in interest rate hikes by the Bank of England in 2026, which is 11 basis points lower than last Friday's forecast.