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05.11.26 - 14:36
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BOE Sees Case for Another Rate Hike If Iran War Doesn′t End (Bloomberg)
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"I'm not going to sign up to the two-and-done point," Bank of England Governor Andrew Bailey says when asked if a second interest-rate increase is on the cards following Thursday's decision to hike. "Absent a resolution of the conflict in the Middle East, and I think I put this in my commentary in the minutes, I could see the case for a further 25 [basis points]," Bailey says at a news conference in London. (Source: Bloomberg)...
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05.11.26 - 13:36
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BOE Rate Hike a ′Big One and Done,” Says BNY′s Yu (Bloomberg)
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“Probably it's an insurance move,” says Geoffrey Yu, senior market strategist at BNY, as the Bank of England voted 8-1 to raise rates by a quarter point. He sees the messaging “not envisaging further moves” by the central bank's Monetary Policy Committee. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)...
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05.11.26 - 13:18
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BOE Hikes Rates, Warns of Rising Inflation (Bloomberg)
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The Bank of England raised interest rates by a quarter point to 4%, while warning inflation is on track to hit almost 5% next year and signaling another hike is on the cards. Bloomberg's Caroline Hepker reports. (Source: Bloomberg)...
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