Latest News

Bank of England raises interest rate to 0.25%

Economy24 minutes ago (Dec 16, 2021 12:14)

© Reuters. FILE PHOTO: A bird flies past The Bank of England in the City of London, Britain, December 12, 2017. REUTERS/Clodagh Kilcoyne/File Photo

LONDON (Reuters) – The Bank of England raised its main interest rate to 0.25% on Thursday as inflation pressures mounted in Britain.

Most economists polled by Reuters had expected the BoE to keep Bank Rate at 0.1% due to a new surge in coronavirus cases.

Bank of England raises interest rate to 0.25%

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

BOE Shocks With First Rate Hike Since Crisis to Combat Inflation

Previous article

WATCH LIVE: Press Conference from ECB President Lagarde

Next article

You may also like


Leave a reply

Your email address will not be published.

More in Latest News