# Goldman Sachs: The Bank of England is expected to raise interest rates by 25 basis points in February 2027, bringing the terminal rate to 4.25%.FXBus - Real-Time Financial News

> Goldman Sachs expects the Bank of England to raise rates by 25 basis points in February 2027, taking the terminal rate to 4.25%. The accompanying market snapshot shows crude oil falling about 2% to around $110 and the dollar index roughly flat near 101.9.

- Date: 2026-11-02 · published 2026-11-02T06:09:49.217Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/74943-goldman-sachs-the-bank-of-england-is-expected-to-raise-interest-rates-by-25
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Expectations of further BoE tightening support sterling and marginally weigh on the dollar, while the snapshot's lower crude prices reduce energy-driven feed and freight cost pressure. The rate path itself is a modest driver for commodity pricing.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼
- GBPUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2022-10-26 | [Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening - Bank of Canada](https://feedsoft.ai/events/39349-bank-of-canada-increases-policy-interest-rate-by-50-basis-points-continues.md) | +2.6% | -6.1% |
| WTI | 2018-10-23 | [As Expected the Bank of Canada Raises it’s Benchmark Overnight Rate. - OFX (HK)](https://feedsoft.ai/events/62787-as-expected-the-bank-of-canada-raises-it-s-benchmark-overnight-rate-ofx-hk.md) | -3.2% | -17.6% |
| WTI | 2025-04-25 | [Colombia's central bank expected to hold rates despite government pressure: Reuters poll \| Reuters](https://feedsoft.ai/events/25406-colombia-s-central-bank-expected-to-hold-rates-despite-government-pressure.md) | -5.0% | -1.9% |
| WTI | 2020-01-29 | [Coronavirus could propel Bank of Canada to trim rates sooner than during SARS crisis - The Globe and Mail](https://feedsoft.ai/events/55305-coronavirus-could-propel-bank-of-canada-to-trim-rates-sooner-than-during-sars.md) | -7.1% | -8.8% |
| WTI | 2022-03-25 | [Thai baht, Asian FX gain as oil prices come off the boil \| Financial Post](https://feedsoft.ai/events/42509-thai-baht-asian-fx-gain-as-oil-prices-come-off-the-boil-financial-post.md) | -11.6% | -9.7% |
| BRENT | 2026-09-23 | [Financial Microscope Oil Prices, Interest Rates, and the Economy: The Key Factors Shaping Korea's Exchange Rate Around Chuseok - The Asia Business Daily](https://feedsoft.ai/events/17713-financial-microscope-oil-prices-interest-rates-and-the-economy-the-key-factors.md) | +1.9% | +8.3% |
| BRENT | 2022-12-15 | [Oil prices slid 2% as dollar firms and central banks hike interest rates](https://feedsoft.ai/events/38152-oil-prices-slid-2-as-dollar-firms-and-central-banks-hike-interest-rates.md) | -2.2% | +1.6% |
| BRENT | 2017-06-29 | [Oil market needs deeper OPEC cuts to rebalance – Goldman Sachs — Octa](https://feedsoft.ai/events/70657-oil-market-needs-deeper-opec-cuts-to-rebalance-goldman-sachs-octa.md) | +1.7% | +7.8% |

## Sources

- fxbus.com: https://www.fxbus.com/en/news/20261102115628071360.html

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