By Economy1 hour ago (Feb 03, 2022 12:25)
Key Points
Bank of England voted to hike the interest rate by 25 basis points to 0.5%
Four Committee members voted for a larger 50 basis point hike
Inflation set to peak above 7% in April
Monetary Policy Summary and Minutes here
Monetary Policy Report here
By Samuel Indyk
Investing.com – Watch the press conference with Bank of England Governor Andrew Bailey and other members of the Monetary Policy Committee below:
WATCH LIVE: Bank of England press conference following rate hike
By Andy Bruce and David Milliken LONDON (Reuters) -The Bank of England raised interest rates to 0.5% on Thursday and nearly half its policymakers wanted a bigger increase to…
LONDON (Reuters) – Bank of England Governor Andrew Bailey and other top officials from the British central bank were speaking to reporters on Thursday after they raised the BoE’s…
LONDON (Reuters) – British Prime Minister Boris Johnson said on Thursday he hoped that inflationary pressure would subside once the world economy regained momentum and global…
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