Bank of England Raises Rates for First Time in Three Years
Published . Updated .
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The central bank said that inflation would climb to about 5 percent next year, far above its target, because of higher energy prices driven by the war in Iran.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund-5.0% 30d
United States Oil Fund: its price follows crude oil. Linked by “energy prices” (oil) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “energy prices” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “energy prices” (tanker shipping) in this story.
- ITA iShares U.S. Aerospace & Defense ETF+1.1% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.
- EWU iShares MSCI United Kingdom ETF-0.9% 18d
iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“england”).
- BWX SPDR Bloomberg International Treasury Bond ETF
SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in the UK
- EFA iShares MSCI EAFE ETF-1.5% 7d
iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes the UK
- XOM ExxonMobil Holdings-2.7% 17d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “energy prices” (oil) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | +15.71% | +7.84% | base | +1.93% | after close | after close | after close |
| XLE | +8.14% | +5.85% | base | -2.34% | after close | after close | after close |
| BWET | +32.30% | +28.62% | base | -4.78% | after close | after close | after close |
| ITA | +0.76% | +0.87% | base | -4.00% | after close | after close | after close |
| EWU | -2.57% | -1.84% | base | -2.15% | after close | after close | after close |
| BWX | -0.60% | -0.53% | base | +0.05% | after close | after close | after close |
| EFA | -1.31% | -1.92% | base | -2.88% | after close | after close | after close |
| XOM | +8.08% | +6.08% | base | -2.44% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
The central bank said that inflation would climb to about 5 percent next year, far above its target, because of higher energy prices driven by the war in Iran.
Source: The New York Times
Ishares Tr (EWU) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| BWET | that day | -4.78% | final price |
| BWET | three days earlier | +28.62% | final price |
| BWET | five days earlier | +32.30% | final price |
| Spdr Series Trust (BWX) | that day | +0.05% | final price |
| Spdr Series Trust (BWX) | three days earlier | -0.53% | final price |
| Spdr Series Trust (BWX) | five days earlier | -0.60% | final price |
| Ishares Tr (EFA) | that day | -2.88% | final price |
| Ishares Tr (EFA) | three days earlier | -1.92% | final price |
| Ishares Tr (EFA) | five days earlier | -1.31% | final price |
| Ishares Tr (EWU) | that day | -2.15% | final price |
| Ishares Tr (EWU) | three days earlier | -1.84% | final price |
| Ishares Tr (EWU) | five days earlier | -2.57% | final price |
| ITA | that day | -4.00% | final price |
| ITA | three days earlier | +0.87% | final price |
| ITA | five days earlier | +0.76% | final price |
| USO | that day | +1.93% | final price |
| USO | three days earlier | +7.84% | final price |
| USO | five days earlier | +15.71% | final price |
| XLE | that day | -2.34% | final price |
| XLE | three days earlier | +5.85% | final price |
| XLE | five days earlier | +8.14% | final price |
| XOM | that day | -2.44% | final price |
| XOM | three days earlier | +6.08% | final price |
| XOM | five days earlier | +8.08% | final price |
Congressional trades in the stocks in this story
- Sen. John Boozman sold Ishares Tr (EFA) (jointly held), worth $1,001 - $15,000 on 9 Sep 2026. That is 57 days before publication. Filed 21 Oct 2026. View the filing.
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 22 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 66 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Linde (LIN) (held by a spouse), worth $15,001 - $50,000 on 25 Sep 2026. That is 41 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Kevin Hern sold Linde (LIN) (jointly held), worth $15,001 - $50,000 on 17 Sep 2026. That is 49 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Linde (LIN) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 62 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Ishares Tr (EWU) on one side of this defense story
Companies tied to this story
- EWU Ishares Tr
Ishares Tr (EWU) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Bank of England Raises Rates for First Time in Three Years.” Reason on file: iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“england”)
- BWX Spdr Series Trust
For “Bank of England Raises Rates for First Time in Three Years,” Spdr Series Trust (BWX) is linked, with no stored direction, medium confidence. Reason on file: SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in the UK
- EFA Ishares Tr
Ishares Tr (EFA) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Bank of England Raises Rates for First Time in Three Years.” Reason on file: iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes the UK
- HSBC Hsbc Holdings
For “Bank of England Raises Rates for First Time in Three Years,” Hsbc Holdings (HSBC) is linked, with no stored direction, medium confidence. Reason on file: HSBC Holdings (savings institution, federally chartered) is one of the largest the UK-based companies traded in the US, so news about the UK (“england”) reaches its shares
- LIN Linde
For “Bank of England Raises Rates for First Time in Three Years,” Linde (LIN) is linked, with no stored direction, medium confidence. Reason on file: Linde (industrial inorganic chemicals) is one of the largest the UK-based companies traded in the US, so news about the UK (“england”) reaches its shares
- ARM Arm Holdings
For “Bank of England Raises Rates for First Time in Three Years,” Arm Holdings (ARM) is linked, with no stored direction, medium confidence. Reason on file: Arm Holdings (semiconductors and related devices) is one of the largest the UK-based companies traded in the US, so news about the UK (“england”) reaches its shares
- RIO Rio Tinto
Rio Tinto (RIO) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Bank of England Raises Rates for First Time in Three Years.” Reason on file: Rio Tinto Group (metal mining) is one of the largest the UK-based companies traded in the US, so news about the UK (“england”) reaches its shares
How “Bank of England Raises Rates for First Time in Three Years” reaches Ishares Tr (EWU)
“Bank of England Raises Rates for First Time in Three Years” (5 Nov 2026) reaches Ishares Tr (EWU) through Defense.
The link for Ishares Tr (EWU) is this: iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“england”)
Also listed, Spdr Series Trust (BWX): SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in the UK
Price levels for Ishares Tr (EWU)
EFA traded between 102.00 and 104.68 across 6 sessions. The latest close on file is 103.46. EWU traded between 45.65 and 47.88 across 16 sessions. The latest close on file is 46.84.
The defense score for Ishares Tr (EWU)
46 out of 100
“Bank of England Raises Rates for First Time in Three Years” scores 46 out of 100. The score uses 1 sources, and 7 linked companies.