Barclays backs November BoE hike, warns Middle East conflict could spur more

UK rate rise bets grow as Bank of England warns on energy prices

The Bank of England held its key interest rate at 3.75 per cent on Thursday, but signalled a more cautious approach to monetary policy as higher energy prices push inflation higher. The central bank’s next rate-setting meeting is scheduled for November 5, with Barclays expecting a 25-basis-point increase as the continuing Middle East conflict raises […]

Barclays backs November BoE hike, warns Middle East conflict could spur more

Sept 18 (Reuters) - Barclays expects a 25-basis-point hike from the Bank of England in November after policymakers kept rates steady, citing a "dramatically changed" medium-term energy outlook and warning that a ​prolonged Middle East conflict could br...

BoE Maintains 3.75% Rate as Barclays Anticipates Two Upcoming Increases

Bank of England holds rates at 3.75% but signals tighter policy ahead. Barclays now forecasts November and February hikes as inflation risks intensify.