Bank of England increases interest rate to 5.25% in 14th consecutive hike
Published August 3, 2023
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The Bank of England has increased the interest rate from 5% to 5.25% in a 14th consecutive hike. The quarter percentage point increase was somewhat smaller than some economists had expected, following the release of lower-than-anticipated inflation data last month. The last time rates were at 5.25% was April 2008. …
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- August 3, 2023
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