Bank of England lifts inflation and growth forecasts as it raises interest rates to 4.5%

Bank of England lifts inflation and growth forecasts as it raises interest rates to 4.5%

Upworthy

Published

The Bank of England has raised interest rates by a quarter of a point to 4.5% as it forecast inflation would stay higher for longer than previously expected and the economy would perform more strongly. The Bank’s monetary policy committee voted by a majority for a 12th successive increase in…

#bankofengland

Full Article