Bank of England Raises Interest Rates Fifth Time to 13-year High 1.25%

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  • #38604
    Truman
    Participant

    Reuters reported Bank of England will raise its bank rate by 25 bps on Thursday and maintain a slow hiking pace in the coming months
    FT speculate the BoE will hike by 50 bps this week.

    #36375
    Helmholtz Watson
    Participant

    The Bank of England MPC at its June meeting Thursday raised the key bank rate by 25 bps from 1.00% to 1.25%, as expected. The vote was 6-3 vs 8-1 expe
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