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Tag: Rate Hike

Finance/Business / Foreign

Bank of England hikes interest rate by 50 bps to 4 pc; warns of more hikes in future

February 2, 2023February 2, 2023 - by cmedia

London/IBNS: Bank of England raised interest rate by 50 basis points to 4 percent, the 10th increase since UK’s central bank started hiking in December 2021, bringing the key rate …

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