Cryptopolitan
2023-08-03 14:13:17

Bank of England key interest rate hits new 15-year high at 5.25%

The Bank of England (BoE) has raised its key interest rate to 5.25%, a level not seen in 15 years. Economists had largely expected the quarter-percentage point increase, marking it as the 14th consecutive hike by the central bank. According to the bank, the driving force behind this move is the realization that certain risks ... Read more

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