{"id":593799,"date":"2026-08-15T06:22:24","date_gmt":"2026-08-15T06:22:24","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/593799\/"},"modified":"2026-08-15T06:22:24","modified_gmt":"2026-08-15T06:22:24","slug":"british-pound-boe-hawks-get-support-from-uk-data-rabobank","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/593799\/","title":{"rendered":"British Pound: BoE hawks get support from UK data \u2013 Rabobank"},"content":{"rendered":"<p>Rabobank strategist Elwin de Groot observes that stronger-than-expected UK GDP has provided fresh ammunition to Bank of England (BoE) hawks, even as the Bank remains reluctant to tighten further. Growth was broad-based, with investment and GDP per capita both rising. Rabobank&#8217;s UK strategist Stefan Koopman warns that Britain often posts strong first halves followed by weaker second halves, making 2026\u2019s pattern a key question.<\/p>\n<p>Robust GDP challenges BoE caution<\/p>\n<p>&#8220;Even in the UK, where the Bank of England remains reluctant to tighten further, yesterday&#8217;s stronger-than-expected GDP data provided ammunition for the hawks.&#8221;<\/p>\n<p>&#8220;Growth was broad-based, investment contributed positively and <a href=\"https:\/\/www.fxstreet.com\/economic-calendar\" data-fxs-autoanchor=\"\" rel=\"nofollow noopener\" target=\"_blank\">GDP<\/a> per capita rose by a healthy 0.4% q\/q.&#8221;<\/p>\n<p>&#8220;As our UK strategist Stefan Koopman notes, however, caution is warranted.&#8221;<\/p>\n<p>&#8220;Britain has developed a habit of strong first halves followed by disappointing second halves.&#8221;<\/p>\n<p>&#8220;The key question is whether 2026 finally breaks that pattern.&#8221;<\/p>\n<p>(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. <a href=\"https:\/\/www.fxstreet.com\/info\/how-fxstreet-uses-ai?utm_medium=internal&amp;utm_source=ai-disclaimer\" rel=\"nofollow noopener\" target=\"_blank\">Know more.<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"Rabobank strategist Elwin de Groot observes that stronger-than-expected UK GDP has provided fresh ammunition to Bank of England&hellip;\n","protected":false},"author":2,"featured_media":593800,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-593799","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/593799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=593799"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/593799\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/593800"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=593799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=593799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=593799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}