# The Latest: UK rates could rise in case of no deal Brexit | AP News

> The Bank of England kept its main interest rate on hold at 0.75%. Governor Mark Carney said policy would have to be tightened in a no-deal Brexit scenario without a transition arrangement.

- Date: 2018-11-01 · published 2018-11-01T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/62302-the-latest-uk-rates-could-rise-in-case-of-no-deal-brexit-ap-news
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Expectations of possible UK rate hikes support sterling and can shift currency flows against the dollar, with knock-on effects for dollar-priced commodities. The direct impact on feed markets is limited.

## Read by commodity

- GBPUSD: bullish ▲

## Sources

- apnews.com: https://apnews.com/the-latest-uk-rates-could-rise-in-case-of-no-deal-brexit-34d496bae53843828ad72055b4eb0c83

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