Bank of England Launches Biggest Interest Rate Hike in 27 Years

Posted on 08/04/2022

The United Kingdom like other countries that went big into COVID QE policies are now trying to tame rampant inflation. The Bank of England has raised interest rates by the most in 27 years and warned the U.K. will fall into recession. Interest rates rose to 1.75% as Bank of England battles to stem soaring…

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