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BOE Steps Up Inflation Fight With Surprise Rate Hike to 5% - Vimarsana News

BOE Steps Up Inflation Fight With Surprise Rate Hike to 5%

(Bloomberg) -- The Bank of England unexpectedly raised its benchmark interest rate by a half percentage point, stepping up its fight against the worst bout of inflation since the 1980s and warning it may have to hike again.Most Read from BloombergTitanic Sub Search Chases Mystery Noises as Air Runs LowModi Meets With Elon Musk and Ray Dalio as Global Money Flocks to IndiaChina Says Biden Calling Xi a Dictator Is ‘Provocation’Modi’s Yoga Mastery Shows Indian Democracy Is Just a PoseShort Bets on

Source: yahoo.com