Bank Of England Rate Hike
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Bank of England’s surprise rate hike spurs U.K. recession fearsThe size of the Bank of England's 13th hike in a row was somewhat of a surprise, with most economists predicting a smaller quarter-point increase.EconomyJun 22, 2023
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Bank of England makes historic rate hike amid ‘very challenging’ economic outlookThe BoE estimates that Britain's economy entered recession in the third quarter of 2022 and that the recession will last until the middle of 2024.WorldNov 3, 2022
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Death of Queen Elizabeth II pushes Bank of England to delay rate hike decisionThe Bank of England will delay its benchmark interest rate decision by a week, the institution announced, as the United Kingdom mourns the death of Queen Elizabeth II.EconomySep 9, 2022
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Bank of England makes biggest rate hike in 27 years, warns of recession until 2024The British pound sterling fell as the Bank of England said Britain would enter a recession at the end of 2022 and not emerge until early 2024.CanadaAug 4, 2022
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