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BOE Seen Boosting Pace of Hikes After Shock Inflation Reading

(Bloomberg) -- Traders are betting the Bank of England will have to accelerate the pace of interest-rate hikes to get a handle on inflationary pressures plaguing the economy.Most Read from BloombergNoises Detected in Search for Titanic Sub as Oxygen DwindlesThese Are World’s Most Expensive Cities for High-Class LivingHedging Failure Exposes Private Equity to Interest-Rate SurgeChina Says Biden Calling Xi Jinping a Dictator Is ‘Provocation’What We Know About the Missing Titan...
United Kingdom Bloomberg Businessweek Naomi Tajitsu Greg Ritchie Charles White Thomson Alice Gledhill
Source: yahoo.com

UK Two-Year Yield Climbs to 5% for First Time Since 2008 Financial Crisis

(Bloomberg) -- The UK’s short-term government borrowing costs climbed to 5% for the first time since the global financial crisis amid concern the troubling inflation outlook could lead to more aggressive monetary tightening from policymakers.Most Read from BloombergXi Tells Blinken ‘Very Good’ That Progress Made on US-China TiesTucker Carlson's Fox Defense Crumbled When He Took MillionsFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsGoodbye...
United Kingdom Imogen Bachra Greg Ritchie Prime Minister Liz Truss Bring Down
Source: yahoo.com

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