Macro Finance
BOE Hikes Rates, Warns of Rising Inflation
Bloomberg Markets·November 5, 2026·1 min read
The Bank of England raised interest rates by a quarter point to 4%, warning inflation is on track to hit almost 5% next year and signaling another hike is possible. Bloomberg's Caroline Hepker reports the central bank's hawkish stance as it combats persistent price pressures.
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