Preview: BoE To Start a Short and Preemptive Tightening Cycle

In this paper, we discuss:

• Why the BoE is expected to raise rates in November;
• Why the BoE may favour precautionary tightening despite limited second-round effects;
• How resilient employment and wage growth could influence inflation forecasts;
• Why further rate hikes remain uncertain amid fiscal and economic risks.

Download PDF: BOE Preview – October 2026