Bank of England Raises Interest Rates to 1%

The Bank of England has confirmed it will raise interest rates to a 13-year high of 1% in a bid to tackle soaring inflation. They are now forecasting double-digit inflation last seen in the seventies. A rise of 0.25 percentage points, and the fourth hike in a row. It won’t be the last…

mdi-tag-outline Bank of England
mdi-timer May 5 2022 @ 12:01 mdi-share-variant mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-printer
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