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Bank of England Revs Up Rate Hikes
In the wake of disappointing inflation news in recent months, the Bank of England (BoE) today decided to deliver a large 50 bps policy rate hike to 5.00%. In raising interest rates, the BoE said “the second-round effects in domestic price and wage developments generated by external cost shocks are likely to take longer to […] The post Bank of England Revs Up Rate Hikes appeared first on Action Forex...
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Posted: Jun 22 2023, 15:03
Author Name: actionforex
Views: 112531