Source: Bank of England The Bank of England raised its interest rate for the third time to 0.75% from the previous 0.5%, pointing to a desire to counter inflation which is rising amid high commodity prices. FTSE 100 is up +0.65%, GBPUSD is down -0.35%. The central bank hinted at further rate increases in the coming months, although it warned that “there are risks on both … [Read more...] about Bank of England Hikes Key Rate to 0.75% As Inflation Run Hot
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