Breaking: The Bank of England raised rates by a quarter percentage point, a fresh sign that policy makers are determined to tackle inflation despite banking strains
LONDON—The Bank of England raised its key interest rate by a quarter percentage point Thursday, a fresh sign that policy makers around the world are determined toThe central bank had previously indicated that it might
pause a series of rate increases that dates back to December 2021, but an unexpected pickup in inflation during February helped persuade policy makers that another increase in borrowing costs was needed to cool prices rises.
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Bank of England (BoE) - Forex News & Articles🚨 BREAKING 🚨 BOE hikes policy rate by 25 bps to 4.25% in March as expected 🔴 Follow our live coverage here!
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