Bank Of England Rate
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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 hikes rates by half point to 4% amid inflation fightThe International Monetary Fund this week said that the U.K. was on track to be the only major economy to shrink this year, even as the outlook for the rest of the world improves.WorldFeb 2, 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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