Bank of England hikes interest rates by quarter-point in 11th consecutive increase
Published
The Bank of England on Thursday matched the U.S. Federal Reserve by hiking interest rates by a quarter percentage point. The 7-2 decision, the eleventh consecutive increase, brings the U.K. base rate to 4.25%, and comes after data showed inflation surprisingly accelerated in February to a…
#bankofengland #usfederalreserve #72 #siliconvalleybank #ubs #creditsuissecs #svb #hsbc