(ANSA) - LONDON, SEPTEMBER 22 - The Bank of England (BoE) today announced a further increase in interest rates in the United Kingdom, the seventh in a row, taking them from 1.75% decided on 4 August to 2.25%: with an increase of half announced implicitly by the same governor Andrew Bailey on the wake of the rise of the American Fed, but it has nevertheless set a record high for several years.
The decision is weighed down by the alarm of double-digit inflation in the Kingdom, against the background of the more general global trend linked to the post Covid and the war in Ukraine, and the forecasts of a recession projected by estimates on the whole of 2023. (ANSA).