- The Bank of England raised interest rates on Thursday by half-a-point in its biggest move in 27 years to tame inflation. Central banks in the United States, Canada, Australia, Switzerland and...
The bank's Monetary Policy and Financial Stability Committee voted unanimously in favor of the 50 basis point hike. The move takes the policy rate from 0.75% to 1.25%, and Norges Bank Governor Ida...
