Macro Finance
BOE Rate Hike a ‘Big One and Done,” Says BNY’s Yu
Bloomberg Markets·November 5, 2026·1 min read
The Bank of England voted 8-1 to raise interest rates by a quarter point, a move BNY senior market strategist Geoffrey Yu calls an 'insurance move' and 'big one and done.' He says the central bank's messaging does not envisage further hikes, speaking on Bloomberg Surveillance.
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