# British Pound to Euro Forecast: UK Inflation Could Hit 5% as BoE Raises Rates

> The Bank of England raised its policy rate by 25 basis points to 4.00% in an 8-1 vote, with one member preferring a larger increase. The hawkish vote and warnings about inflation risks increased market expectations of another hike, while forecasts differed on how much further policy would tighten.

- Date: 2026-11-08 · published 2026-11-09T00:10:27.903Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/88240-british-pound-to-euro-forecast-uk-inflation-could-hit-5-as-boe-raises-rates
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

The prospect of higher UK interest rates can support sterling through improved yield appeal, though uncertainty over the scale of further tightening may limit gains.

## Read by commodity

- GBPUSD: bullish ▲

## Sources

- currencynews.co.uk: https://www.currencynews.co.uk/forecast/20261108-47702_british-pound-to-euro-forecast-uk-inflation-could-hit-5-as-boe-raises-rates.html

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