https://www.cnbc.com/2017/11/02/bank-of-england-hikes-rates-for-the-first-time-in-a-decade.html?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=104814315&yptr=yahoo
Bank of English will continue its rate hiking policy to prevent an overheating economy. This means LIBOR will continue to rise in the future. As London is a major financial hub, its interest rates will also affect other financial products and derivatives internationally. The USA will take consideration of this in view of its own economic conditions and hike its interest rate in December.
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