BOE surprises with first hike in crisis to curb inflation

December 16, 2021 9:05 PM

LONDON (BLOOMBERG) – The Bank of England (BOE) unexpectedly raised interest rates for the first time since the pandemic struck, setting aside the threat to the UK economy posed by record coronavirus cases to become the most high-profile central bank to take on surging inflation.

Source : http://www.straitstimes.com/business/economy/boe-surprises-with-first-hike-in-crisis-to-curb-inflation