# The Bank of England is poised to lift interest rates | AP News

> The Bank of England is expected to raise interest rates on Thursday for the first time in over three years. The move is a response to inflation driven by the Iran war, and economists expect the nine Monetary Policy Committee members to have little option but to tighten.

- Date: 2026-11-05 · published 2026-11-05T06:08:51.022Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/81170-the-bank-of-england-is-poised-to-lift-interest-rates-ap-news
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Higher UK rates support sterling against the dollar, while tighter UK financial conditions weigh on domestic demand for animal feed and meat. The direct impact on grain and feed prices is limited.

## Read by commodity

- GBPUSD: bullish ▲

## Sources

- apnews.com: https://apnews.com/article/britain-economy-interest-rates-dce506792fe3b452ec4c3982147286f3

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