✉news BusinessBanking first seen 3 d ago, last 3 d ago, peak #7
Bank of England seen raising rates to 4% in November
Original: BoE to raise rates to 4% in November, but economists narrowly expect hold from there: Reuters poll
A Reuters poll of economists indicates the Bank of England will raise interest rates to 4% at its November meeting, but respondents narrowly expect the central bank to then hold rates steady rather than increase them further. The survey points to expectations that UK rates are close to their peak, despite ongoing concerns about persistent inflation.
Why now: Traders and businesses are watching for signs of when the Bank of England's rate-hiking cycle will peak.
Rank over time, top of the chart is #1. 2 snapshots from 3 d ago to 3 d ago.
Evidence
- BoE to raise rates to 4% in November, but economists narrowly expect hold from there: Reuters poll · The Mighty 790 KFGO
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