BOE Hikes By 25bps, Forecasts Higher Inflation And Warns Of More Tightening

BOE Hikes By 25bps, Forecasts Higher Inflation And Warns Of More Tightening:

The Bank of England raised interest rates for a 12th consecutive time by a quarter of a percentage point to 4.5%, the highest level since 2008, and warned that “if there were to be evidence of more persistent [inflationary] pressure, then further tightening in monetary policy would be required”.

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2 thoughts on “BOE Hikes By 25bps, Forecasts Higher Inflation And Warns Of More Tightening”

  1. Funny how it ties in perfectly with Yellen’s plans for. a Fed digital currency launch the exact same time. Hmmm.

    Reply

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