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High 67 Macro data nytimes · 2026-11-06 00:53 (Asia/Shanghai)

Bank of England Raises Rates for First Time in Three Years

The central bank increased interest rates for the first time in more than three years and warned that inflation would climb to about 5 percent next year, far above its target.

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BoE raises rates for first time in three years, warns inflation to hit ~5% next year

  • BoE hikes rates after over three years; forecasts inflation near 5% next year
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Published:2026-11-06 00:53:44 · Source:nytimes · Automatically aggregated and analysed — verify against the original source.