Breaking: BoE hikes interest rates by 25 bps to 1.0%, GBP briefly spikes - FXStreet
5/5/2022 12:00:00 AM3 yearsago
by FXStreet Team
by FXStreet Team
The Bank of England on Thursday raised interest rates by 25 bps to 1.0%, with nine out of the bank's nine rate-setters supporting the move. The rate h
The Bank of England on Thursday raised interest rates by 25 bps to 1.0%. Six of the bank's nine rate-setters supported the 25 bps hike, though three wanted a larger 50 bps move. The rate hike was in … [+3224 chars]
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