© Archyde.com. The Bank of England in the City of London – Photo from Archyde.com archive.
LONDON (Archyde.com) – The Bank of England raised its main interest rate to 3.5 percent from 3 percent on Thursday, the ninth consecutive hike.
The BoE’s Monetary Policy Committee voted 6-3 for the move and said that “further increases in the Bank’s interest rates” may be required to deal with what it fears will be persistent domestic inflation pressures caused by prices and wages.
Related posts:
Volkswagen proposed to Renault the development of a joint electric vehicle - Autoreview
"Eventful general meeting of TotalEnergies marked by clashes between climate activists and police in...
Requisition of gold from mining companies: the government reassures
Meta acquires connected lens specialist Luxexcel to fuel its AR ambitions
Eshraq Investments is in the final stages of acquiring Goldilocks Fund
A new rise in the price of the Saudi riyal in the Egyptian market, affected by the rise in the price...
Inflation: Why economists think it will start falling in 2023
The deadline for Nutresa and Sura shareholders to decide whether or not to sell Gilinski begins on F...