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3232Bank of England Hikes Bank Rate to 0.5%, Governor Andrew Bailey Hints at Wage Restraints
https://www.digit.info/bank-of-england-hikes-bank-rate-to-0-5-governor-andrew-bailey-hints-at-wage-restraints/
Fri, 04 Feb 2022 19:30:02 +0000https://www.digit.info/2022/02/04/bank-of-england-hikes-bank-rate-to-0-5-governor-andrew-bailey-hints-at-wage-restraints/Read more]]>The Bank of England (BOE) raised the country’s benchmark bank rate from 0.25% to 0.5% this week in order to curb rampant inflation. “We face a trade-off between strong inflation and weakening growth,” the British central bank’s governor Andrew Bailey told the press. Furthermore, when asked by a BBC reporter if BOE members were urging […]
The Bank of England (BOE) raised the country’s benchmark bank rate from 0.25% to 0.5% this week in order to curb rampant inflation. “We face a trade-off between strong inflation and weakening growth,” the British central bank’s governor Andrew Bailey told the press. Furthermore, when asked by a BBC reporter if BOE members were urging […]