Bank of England hikes interest rates by 25 basis points after inflation surprises

Bank of England hikes interest rates by 25 basis points after inflation surprises

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A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021. LONDON — The Bank of England on Thursday hiked interest rates by 25 basis point as it grapples with persistent high inflation against the backdrop of concerns over the banking system. The Monetary…

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