London no longer monopolizes the central bank rate-setting stage! The Bank of England is about to "head north" to Leeds, with the market betting on a return to rate hikes in November.

Zhito Finance APP has learned that, in line with the current political climate, the nine members of the Monetary Policy Committee will head north to the Bank of England's office in the West Yorkshire city of Leeds, where they will finalize the interest rate decision through discussions, opening a new chapter for this 332-year-old central bank. According to a person familiar with the discussions, the Monetary Policy Committee's first meeting in the north could be scheduled as early as December, but is more likely to coincide with the vote on March 18 next year.