Bank of England expected to raise interest rates for first time in
The Bank of England is expected to announce its first interest rate increase in three years today, setting up an immediate impact on the financial markets. The decision is widely expected to lower interest rates, with a 4% increase. Analysts predict the decision will be unanimous, with most policymakers opting to hike interest rates, although a few remain cautious.
How does this story land?
Summary by OZbrief Editorial · The Guardian Australia – Business · Source
Take it further — get the full app and never miss a moment of what's happening in Australia.
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
Published 05 Nov 2026, 07:23 UTC · Updated 05 Nov 2026, 07:44 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
Trending
- ‘Blockbuster’ history of Alexander the Great wins £50,000 Baillie Gifford prize
- ‘Alarming’: David Jones workers brace for job losses as store closures loom
- Car split in two in fatal crash in Melbourne's south-east
- Kangaroos star Harry Grant calls for shorter NRL season amid constant contract
- 100,000 documents stolen from ‘isolated’ NSW Health server
- Girl punched by man dressed as werewolf at Melbourne restaurant during Halloween