https://www.live-feeds.com/feed/interest-rates-expected-to-rise-for-first-time-in-over-three-yearsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/interest-rates-expected-to-rise-for-first-time-in-over-three-yearshttps://www.live-feeds.com/feed/interest-rates-expected-to-rise-for-first-time-in-over-three-years#u190816Tue, 10 Nov 2026 10:25:25 +0000The Bank of England has raised interest rates to 4% in the first increase in over three years, moving to address surging inflation driven largely by the conflict involving the United States and Iran. Traders and financial analysts viewed the rate hike as a near certainty prior to the announcement, with attention quickly shifting toward potential further action in December. Higher borrowing costs carry direct consequences for mortgages and consumer spending across the United Kingdom as officials work to bring the consumer price index back toward the target rate of 2%.Why it mattersCentral bank