[UBS: Bank of England's Terminal Rate Expected to Rise to 4.25% or Higher] According to Jinse Finance, on November 6th, UBS strategists predict that the Bank of England will raise interest rates again in February next year, increasing the terminal rate to 4.25%. The Bank of England signaled the possibility of further rate hikes on Thursday after updating its inflation forecast, projecting inflation to rise to approximately 5% by mid-2027. UBS strategists stated that this implies at least one more 25 basis point rate hike, and the possibility of further increases cannot be ruled out. LSEG data shows that the market has already fully priced in two cumulative rate hikes by the Bank of England by mid-2027.