Groupama AM sees Nov. 2026 BoE rate hike on inflation risk

Groupama Asset Management flagged a more hawkish Bank of England stance, now expecting a precautionary 25-basis-point rate hike in November 2026, not the start of a sustained tightening cycle. Energy-price risks drove a higher inflation path, seen at 3.75% in Q4 2026, above the 3.2% projection in July.