As Inflation Surges, the Bank of England Raises Interest Rates for the Fifth Time in a Row
![As Inflation Surges, the Bank of England Raises Interest Rates for the Fifth Time in a Row](https://i0.wp.com/www.cksa.com/wp-content/uploads/2022/06/Bank-of-England-2.jpg?fit=250%2C141&ssl=1)
The Bank of England raised interest rates for the fifth time in a row on Thursday in an effort to contain rising inflation. The Monetary Policy Committee voted 6-3 to raise the Bank Rate by 25 basis points to 1.25 percent, with three members calling for a 50 basis point… Continue reading