Today news
About the same in other media
Bank of England’s shock rate hike to 1.75% is biggest in 27 years
Reading now: 594
Britain’s central bank decided Thursday to raise its key interest rate a full half a percentage point from 1.25% to 1.75% to combat spiraling inflation.
The Bank of England joined the Federal Reserve in unleashing a larger-than-expected hike – it’s biggest in 27 years – as it grapples with inflation that spiraled in June to a 40-year high of 9.4%.
That’s...
Read more on fnlondon.comAbout this in other media
The Bank of England after Boris Johnson: should inflation target be raised? theguardian.com /2 years ago
Bank of England governor Andrew Bailey warns MPs: Don’t weaken our independence fnlondon.com /2 years ago
Government needs a big-bang solution or faces consequences of rising energy bills theguardian.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
![Ethereum [ETH] notes unprecedented hike, thanks to its…](https://fvbb.com/storage/thumbs_400/img/2022/8/10/36005_ouu.jpg)
