Lloyds profits jump 33% on higher rates as BOE holds steady
Lloyds Bank has reported a significant 33% increase in profits, attributed to higher interest rates. Meanwhile, the Bank of England has decided to maintain its current interest rates due to ongoing inflation concerns. Market expectations for a Federal Reserve rate cut remain low despite these developments.
- ▪Lloyds Bank's profits rose by 33% due to higher interest rates.
- ▪The Bank of England held interest rates steady amid inflation worries.
- ▪Traders are not reacting strongly to the news from Lloyds or the BoE regarding Fed policy.
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<img src="https://static.cryptobriefing.com/wp-content/uploads/2026/04/29033025/jeromepowellglasses1-17.png" alt="Lloyds profits jump 33% on higher rates as BOE holds steady" class="w-full aspect-[19/10] object-cover" /> Lloyds profits jump 33% on higher rates as BOE holds steady Fed Decisions in June and July Share Add us on Google by Estefano Gomez Apr. 29, 2026 Lloyds Bank reported a 33% jump in profits driven by higher interest rates, while the Bank of England held rates steady on inflation concerns. The probability of a Fed rate cut after the June 2026 meeting sits at 4.3% YES, up slightly from 4% a week ago. In the Fed rate cut market for June, odds have stayed flat despite the Lloyds news and the BoE’s hold, meaning traders aren’t treating either as a signal for Fed policy.
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