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Trade Hub UK regulation desk (2026-10-21): ING’s James Smith expects the Bank of England (BoE) to raise interest rates in November and February as a precaution against second-round inflation effects,… Primary source: original at FXStreet (fxstreet.com).
Bank of England: Rate path shaped by energy shock – ING
ING’s James Smith expects the Bank of England (BoE) to raise interest rates in November and February as a precaution against second-round inflation effects, even as evidence of broader spillovers from higher energy prices remains limited.