Today news
About the same in other media
Bank of England Enacts First Back-to-Back Rate Rises Since 2004
Reading now: 106
wsj.comLONDON—The Bank of England raised its key interest rate for a second consecutive meeting, moving further ahead of other major central banks as they grapple with soaring inflation.
The rate-setting Monetary Policy Committee agreed to lift the BOE’s policy rate to 0.5% from 0.25%, saying they expect annual inflation to accelerate above 7% within months due to low unemployment, rising wages and surging energy prices.
Read more on wsj.comAbout this in other media
Bank of England boss urged to shadow care worker for a day amid low pay row theguardian.com /2 years ago
The Bank of England has only one solution to rising inflation – make workers pay theguardian.com /2 years ago
The definition of levelling down: the Bank of England calling for wage ‘restraint’ theguardian.com /2 years ago
Show more
The website finance-news.co. 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.
