Bank of England raises interest rate to 0.25% -Breaking
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© Reuters. FILEPHOTO: This is a bird flying past The Bank of England at the City of London in December 2012. REUTERS/Clodagh Kilcoyne/File photoLONDON, (Reuters) – The Bank of England increased its main interest rate by 0.2% on Thursday in response to rising inflation pressures in Britain.
Reuters polled over 2,000 economists to find that most expected the BoE’s Bank Rate to remain at 0.1% in light of a recent surge in coronavirus-related cases.
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