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BoE to Raise Rates to 4% in November, but Economists Narrowly Expect Hold From There: Reuters Poll

Summary by WTVB
Oct 15 (Reuters) - The Bank of England will raise Bank Rate for the first time in more than three years to 4.0% in November, according to a majority of economists polled by Reuters who have reversed course on the likelihood of a rate rise this year due...

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The upcoming data this week are likely to reveal an acceleration of inflation in the UK to its highest level in nine months, paving the way for key decisions ranging from the anticipated budget to a possible increase in interest rates. Economists expect the Wednesday report to show an annual price rise of 3.4% in September.

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Share Talk broke the news on Thursday, October 15, 2026.
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