Bank of England hikes interest rates to 13-year high, sees inflation hitting 10% - CNBC

The Bank of England on Thursday raised interest rates to their highest level in 13 years in a bid to tackle soaring inflation.

BOE Governor Andrew Bailey has warned the Bank is walking a "narrow path" between growth and inflation. LONDON The Bank of England on Thursday raised interest rates to their highest level in 13 year… [+4447 chars]

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