Monetary Policy

Three tall black doors set in arches between fluted stone columns at the top of a short flight of steps, at the entrance to the Bank of England in the City of London.

The Bank of England Raised Rates to 4 Per Cent, Its First Increase in 1,190 Days. Its Staff Expect Inflation Near 5 Per Cent by the Middle of Next Year.

The Bank of England raised Bank Rate by a quarter point to 4 per cent on Thursday, its first increase since August 2023. The vote was 8 to 1, with Catherine Mann wanting a half-point rise. UK inflation was 3.5 per cent in September and the Bank expects it to reach around 5 per cent by mid-2027.

By Daniel Okafor November 5, 2026

The grey stone, green-roofed Bank of Japan head office in Tokyo, with Corinthian columns and a Japanese flag, seen above trees, with modern office towers rising behind it.

Markets

Japan's Central Bank Says Underlying Inflation Is at Its 2 Per Cent Goal. Its 1.25 Per Cent Rate Is Still 1.35 Points Below Its Forecast.

The Bank of Japan held its policy rate at 1.25 per cent on Friday 30 October by an 8-1 vote and said underlying inflation is now "generally consistent" with its 2 per cent target, a first since the target was set in 2013. One board member wanted 1.5 per cent. The bank will also sell its ETF holdings more than twice as fast from January.

By Daniel Okafor October 31, 2026

Monetary Policy

Tagged stories

The Bank of England Raised Rates to 4 Per Cent, Its First Increase in 1,190 Days. Its Staff Expect Inflation Near 5 Per Cent by the Middle of Next Year.

Japan's Central Bank Says Underlying Inflation Is at Its 2 Per Cent Goal. Its 1.25 Per Cent Rate Is Still 1.35 Points Below Its Forecast.