BoE needs to lift rates and stop hiding under the 0.1% emergency rock
3 years ago

BoE needs to lift rates and stop hiding under the 0.1% emergency rock

Daily Mail  

Update: The Bank of England raised base rate from 0.1 per cent to 0.25 per cent today. The IMF – not a notably hawkish organisation – urged the Bank of England to raise interest rates and get a grip on inflation, as it forecast it would hit 5.5 per cent next year. Highly vaccinated and multiple lockdown-veteran Britain is a very different place to March 2020. do we still need to be hiding under our 0.1 per cent emergency base rate rock? Do we still need to be hiding under our 0.1 per cent emergency base rate rock?

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UK's central bank cuts interest rate
1 month, 2 weeks ago

UK's central bank cuts interest rate

China Daily  

By Earle Gale in London | chinadaily.com.cn | Updated: 2024-11-07 22:35 Pedstrians pass the Bank of England, Britain's central Bank, in London, on November 7, 2024. The United Kingdom's central bank, the Bank of England, or BoE, cut its base interest rate on Thursday, to 4.75 percent from 5 percent, in a move seen as a declaration that rampant inflation …

At 5%, BoE hikes rates to 15-year high in fight against inflation; check details
1 year, 6 months ago

At 5%, BoE hikes rates to 15-year high in fight against inflation; check details

Live Mint  

The Bank of England on June 22 lifted its key interest rate by a half-point to five per cent or 50 basis points to tackle stubbornly high UK inflation. Britain remains an outlier in the Group of Seven nations, with consumer prices rising four times the BOE’s two per cent target in May and more than double the rate in …

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