Interest Rate Rise: The Tug Of War Between The Bank Of England And The Government Is Underway

This article was originally published on ValueWalk

Interest Rate FTSE 100 Bank of England

Bank of England raises its benchmark interest rate by 0.5% to 2.25% Policymakers not unanimous, with three voting for a 0.75% hike. Bank policy appears to be on a collision course with the government Sterling falls again, back below $1.13 Inflation set to peak at 11% in October Warnings there could be more forceful action […]