BOE set to deliver biggest rate rise in 33 years
The Bank of England on Thursday is expected to deliver its biggest interest-rate increase in 33 years, stepping up an effort to rein in double-digit inflation.
Source: dailymaverick.co.za
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Fed and BoE set for 75-bps hikes on inflation
NEW YORK: The Federal Reserve (Fed) and Bank of England (BoE) may both unleash 75-basis point (bps) interest-rate hikes in the coming days in a show of aggression toward inflation, even in the face of mounting recession risks.
Source: thestar.com.my
Fed and BOE prepare 75 basis-point Salvos on inflation: eco week
For each central bank, the week’s action is likely to be only a stepping stone toward even higher borrowing costs.
Source: moneyweb.co.za
Truss's flop carries price tag for UK economy
Prime Minister Liz Truss’s brief time in office will carry a sizable price tag for the UK economy, according to Bloomberg Economics.
Source: timeslive.co.za
UK recession looms after Liz Truss's growth program backfires
Hunt warns of more difficult decisions on both tax, spending as Truss tries to curb debt
Source: gulfnews.com