Home Trading UK Interest Rate Hits a 14-Year Record

UK Interest Rate Hits a 14-Year Record


As it fights for soaring prices, the BoE increased UK interest rates to their highest levels in 14 years.

It raised interest rates by 3.5% for the ninth consecutive year.

At 10.7%, the inflation rate remains more than five times higher than the Bank’s 2% target, but it eased slightly in November.

EURUSD 03.20

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