The action pushes the benchmark rate to its highest since 2008, but the central bank moderated the pace of increases as Britain braces for a prolonged recession.
Bank of England Raises Interest Rates by Half a Point to Curb Inflation
The New York Times - 15 Dec 2022 14:59
The action pushes the benchmark rate to its highest since 2008, but the central bank moderated the pace of increases as Britain braces for a prolonged recession.
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