# Bank of England raises Bank Rate to 4% by an 8-1 vote, one member wanted 4.25%

> The Bank of England’s Monetary Policy Committee voted 8-1 to raise Bank Rate by 0.25 percentage points to 4%, with one member preferring a rise to 4.25%. The minutes cited rising energy prices and inflation, while noting that the extent of spillover into wages and other prices remains uncertain.

- Date: 2026-11-07 · published 2026-11-08T06:09:33.954Z
- Category: macro · region United Kingdom · magnitude low
- Page: https://feedsoft.ai/events/87040-bank-of-england-raises-bank-rate-to-4-by-an-8-1-vote-one-member-wanted-4-25
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Higher rates can support sterling and tighten financial conditions, though the direct effect on feed commodity balances is limited. Persistent energy-driven inflation could also raise operating and transport costs across the supply chain.

## Sources

- ratebrief.org: https://ratebrief.org/news/sterling/bank-of-england-raises-bank-rate-to-4-percent-8-1-vote-cpi-seen-near-5-percent/

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