# Second BoE rate rise sounds 'QT' klaxon :Mike Dolan | Financial Post

> The Bank of England is widely expected to raise its policy rate to 0.5% at its next meeting, its second hike in under three months. Attention is on the start of quantitative tightening as the BoE begins to shrink its balance sheet once rates reach that level.

- Date: 2022-01-28 · published 2022-01-28T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/43378-second-boe-rate-rise-sounds-qt-klaxon-mike-dolan-financial-post
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Tighter global monetary policy and balance sheet reduction can strengthen the currency and weigh on risk assets, which mildly pressures commodity prices.

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/second-boe-rate-rise-sounds-qt-klaxon-mike-dolan

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.