Today news
About the same in other media
Rising inflation spooks Bank of England rate-setters into taking action
Reading now: 641
The Bank of England is making a habit of pulling surprises. In November, financial markets were taken aback when Threadneedle Street kept interest rates on hold at 0.1%. This time they were caught on the hop by the decision to raise them to 0.25%.
It’s not hard to see why traders in the City have been left scratching their heads given that the explanation for doing nothing in November – uncertainty about the real state of the economy – seems to apply just as much to today’s circumstances.
Last
Read more on theguardian.comAbout this in other media
Inflation Is the Biggest Test Yet for Central Bank Independence cryptonews.com /2 years ago
Read Cryptonews, Get Improved Rates Promo Code and Enjoy your Christmas with ChangeNOW cryptonews.com /2 years ago
BNP Paribas agrees to $16.3bn sale of Bank of the West to BMO Financial Group fnlondon.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.
