Hikes

Faced with inflation, the BoE is considering higher rate hikes

Faced with inflation, the BoE is considering higher rate hikes

Governor Andrew Bailey assured in late July that a rate hike of 0.50 percentage point was on the table. The Bank of England (BoE) could follow the example of other central banks on Thursday and accelerate its rate hikes in the face of worsening inflation, at the risk of penalizing economic activity. British inflation accelerated …

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