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Bank of England hikes interest rates by 25 bps after inflation surprises - RollingNotes' News

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Bank of England hikes interest rates by 25 bps after inflation surprises

Sounding more upbeat about the outlook for the country's slow pace of economic growth, the BoE's nine rate-setters voted 7-2 in favour of a 25 basis-point increase in Bank Rate to 4.25%.

Mar 23, 2023 - 18:20

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Bank of England hikes interest rates by 25 bps after inflation surprises

Sounding more upbeat about the outlook for the country's slow pace of economic growth, the BoE's nine rate-setters voted 7-2 in favour of a 25 basis-point increase in Bank Rate to 4.25%.