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Coverage dated November 5, 2026

BoE hikes rate for first time in 3 years; retreating oil prices may allow for more options ahead

Headline from Philadelphia Inquirer

The Bank of England is raising interest rates for the first time in more than three years in an effort to tackle an inflation shock stoked by the Iran war

Philadelphia Inquirer's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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Reports & sources

3 articles, oldest first.

  1. Bloomberg

    BOE Poised for First Rate Hike in Three Years: Decision Guide (opens Bloomberg)

    Published

    Bloomberg's feed description

    The Bank of England looks ready to raise interest rates by a quarter point to 4%, its first hike in more than three years.

  2. Bloomberg

    BOE United in Delivering First Rate Hike in Three Years (opens Bloomberg)

    Published

    Bloomberg's feed description

    The Bank of England’s Monetary Policy Committee raised interest rates for the first time since 2023 in a bid to bear down on soaring inflation.

  3. Philadelphia Inquirer

    BoE hikes rate for first time in 3 years; retreating oil prices may allow for more options ahead (opens Philadelphia Inquirer)

    Published

    Philadelphia Inquirer's feed description

    The Bank of England is raising interest rates for the first time in more than three years in an effort to tackle an inflation shock stoked by the Iran war

BoE hikes rate for first time in 3 years; retreating oil prices may allow for more options ahead | Since Then