Bank of England Raises Rate 25 Basis Points to 4.00%
The Bank of England raised its key rate to 4.00%, in line with expectations, and sees inflation reaching 5% in mid-2027.
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BoE Gov. Bailey: If we do see a peace process, that would be a good thing and lower energy prices
H impact | CENTRAL_BANK | Nov 05, 2026, 12:52 PM UTC
BoE Gov. Bailey: Had we known what would happen in the last 48 hours, the rate decision would still have been the same
H impact | CENTRAL_BANK | Nov 05, 2026, 12:51 PM UTC
BoE Gov. Bailey: Good news on conflict, would see CPI peaking somewhat <5%
H impact | CENTRAL_BANK | Nov 05, 2026, 12:49 PM UTC
BoE Gov. Bailey: Unless there is progress towards resolving conflict, a further increase in the bank rate may be warranted
H impact | CENTRAL_BANK | Nov 05, 2026, 12:48 PM UTC
BoE Gov. Bailey: The latest fall in oil prices is positive news
H impact | CENTRAL_BANK | Nov 05, 2026, 12:47 PM UTC
BoE's Bailey - Market curve prices further restrictiveness into next year, but this largely reflects risk premia, not expected rates; this seems a fair reflection of energy risks.
H impact | CENTRAL_BANK | Nov 05, 2026, 12:47 PM UTC