Bank of America Global Research predicts that the Bank of England will raise interest rates by 25 basis points each in November 2026 and February 2027, respectively. Previously, the agency predicted that the Bank of England's interest rate would remain unchanged until the start of interest rate cuts in November 2027.

Bank of America Global Research predicts that the Bank of England will raise interest rates by 25 basis points each in November 2026 and February 2027, respectively. Previously, the agency predicted that the Bank of England's interest rate would remain unchanged until the start of interest rate cuts in November 2027.