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الاقتصادية - CNN
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الاقتصادية

2026-11-02T09:50:00.000Z

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Gulf Markets Dip, Qatar Up

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Jabal Omar Back to Losses

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الاقتصادية - CNN

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BoE Nears First Rate Hike

BoE Nears First Rate Hike

Economists expect the Bank of England to raise interest rates on Thursday from 3.75% to 4%—its first increase since August 2023—as rising energy costs fuel inflation. Annual inflation reached 3.5% in September, exceeding the Bank’s forecast of 3%, while opinions remain divided over how persistent inflationary pressures will be. Although markets are pricing in three or four further increases in 2027, the Bank’s comments may suggest that rates will not necessarily reach the levels markets expect.

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