BOE Hikes Rates, Warns of Rising Inflation

BOE Hikes Rates, Warns of Rising Inflation

The Bank of England raised interest rates by a quarter point to 4%, while warning inflation is on track to hit almost 5% next year and signaling another hike is on the cards. Bloomberg's Caroline Hepker reports. (Source: Bloomberg)

The Bank of England raised interest rates by a quarter point to 4%, while warning inflation is on track to hit almost 5% next year and signaling another hike is on the cards. Bloomberg's Caroline Hepker reports. (Source: Bloomberg)
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Bloomberg — Markets (EN)




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