BoE expected to raise interest rates as inflation rises - reports

0.15 percentage points

clock • 3 min read
The Bank of England is itself targeting net zero before 2050

The Bank of England is itself targeting net zero before 2050

The Bank of England (BoE) could announce an interest rate hike on Thursday (4 November) marking a departure from the almost two-year all-time low for the official rate of 0.1% since the start of the coronavirus pandemic in March last year, according to a report in the Financial Times.

According to the report, traders estimate the central bank will tighten its monetary policy by at least 0.15 percentage points, though it also highlights that some economists and investment experts are...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Industry

Biotech funding 'off the charts'

Biotech and healthcare investors hope for rebound following weak 2021

Targeting long-term structural changes

clock 21 January 2022 • 5 min read
Close Brothers trading update

Close Brothers meets expectations but 'no-one will push forecasts higher'

CEO reports good momentum

clock 21 January 2022 • 2 min read
The pandemic has acted as a catalyst for biotech and health industries

Covid catalyses investment in biotech with 2022 set to be 'breakout' year

Tremendous potential, particularly in the spatial biology sector

clock 21 January 2022 • 4 min read