BoE Signals November Rate Hike as Expectations Mount

The Bank of England has kept interest rates at 3.75%, but analysts warn that this may be the last hold before a rate hike in November.

According to Investment Week, the MPC voted to maintain the current rate, but expectations are building for a future increase.

Analysts have warned that the Bank of England is unlikely to hold rates again after this decision, suggesting that a rate hike in November is all but guaranteed.