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Bank of England Raises Interest Rate by Most Since 19951 min read

Aug 4, 2022 < 1 min

Bank of England Raises Interest Rate by Most Since 19951 min read

Reading Time: < 1 minute

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.

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