The Bank of England has raised interest rates by 50 basis points to 1.75%, its biggest single increase since 1995, amidst concerns that U.K. inflation will be significantly above 10% next year.
Source
Related posts
-
Poland’s 2nd Largest Bank Uses Blockchain To Preserve Country’s Cultural Treasures
Pekao Bank from Poland, the country’s second largest lender, is making headlines by taking a bold... -
Polymarket’s biggest predictions for the next few months
As Polymarket traders bet big on a Trump-Harris election faceoff and escalating conflicts in the Middle... -
Fwog memecoin surges 70% as Pepe Unchained raises $16.8M for new layer 2 blockchain
Disclosure: This article does not represent investment advice. The content and materials featured on this page...