Bank of England hikes rates again, adopts dovish tone as Ukraine war adds to inflation concerns - CNBC


3/17/2022 12:00:00 AM3 years 1 month ago
by Elliot Smith

The Bank of England on Thursday raised interest rates for the third consecutive meeting as the Russia-Ukraine conflict is expected to keep inflation higher for longer.

LONDON The Bank of England on Thursday raised interest rates for the third consecutive meeting but struck a more dovish tone as the Russia-Ukraine conflict is expected to keep inflation higher for lo… [+4005 chars]

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