Financial institution of England raises rates of interest to five.25% in 14th straight hike

Financial institution of England raises rates of interest to five.25% in 14th straight hike

[ad_1]

T

he Financial institution of England raised rates of interest for the 14th consecutive time as we speak, upping its base charge by 1 / 4 of a proportion level to five.25 per cent.

However the hike was smaller than the half-point ‘jumbo hike’ final month, signalling that Threadneedle Avenue is slowing down in its battle with inflation.

[ad_2]
admin
Author: admin

Leave a Reply