Bank of England lifts rates to 4% and hints at February hike

Reuters • 05 nov. 16h53

Standard Chartered forecasts a further 25-basis-point increase by the Bank of England in February, citing a hawkish tone after its November hike.

FXStreet • 05 nov. 13h08

The Bank of England lifted its policy rate by 25 basis points to 4% and released its Monetary Policy Report, with Governor Andrew Bailey warning that further hikes may be needed if geopolitical tensions persist.

BBC • 05 nov. 13h08

The Bank of England increased its base rate to 4%, a move that could curb inflation but also impact employment, savings returns and mortgage payments for households.

The Guardian • 05 nov. 12h22

The Bank of England raised its base interest rate to 4% for the first time in three years and signaled a possible further hike, citing higher inflation linked to oil price pressures from the Iran conflict.

BBC • 05 nov. 12h14

The Bank of England raised its base rate by 0.25 percentage points to 4%, citing higher energy costs linked to the Iran-US conflict and warning that further hikes may be needed if the war continues.

CNBC • 05 nov. 12h01

The Bank of England lifted its benchmark interest rate by 25 basis points to 4%, citing higher energy prices and projecting inflation to near 5% by mid-2027.

ing think • 03 nov. 13h23

Analysts expect the Bank of England to vote for a rate increase at its 5 November meeting, with a possible second hike in February, driven by rising energy costs and inflation pressures.

The Independent • 01 nov. 09h21

The Bank of England is anticipated to increase interest rates to 4% on November 5, marking the first rise since August 2023, as inflation pressures mount.