The Bank of England warned inflation is on track to hit almost 5% next year as policymakers voted unanimously to raise interest rates and signaled another hike is on the cards. Traders added to bets for another hike next month.

Bloomberg TV brings you Governor Andrew Bailey's press conference...

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Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-11-05/the-boe-decides-special-coverage-11-5-2026-video)