Bank of England raises interest rates
The Bank of England (BoE) raised interest rates for the 11th consecutive time on Thursday. The move followed a surprise rise in inflation which dashed hopes prices would continue t
Alina Hashmi
23 Mar 2023·3 years ago
1 min read
The Bank of England (BoE) raised interest rates for the 11th consecutive time on Thursday. The move followed a surprise rise in inflation which dashed hopes prices would continue to drop. Policymakers on the BoE's Monetary Policy Committee (MPC) voted seven to two to increase rates from 4 percent to 4.25 percent.
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Alina Hashmi
JournalistStaff correspondent covering World and national affairs for Pakistan Times Today.
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