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The Bank of England raises rates by half a point

2022-12-15T12:48:13.054Z


The Bank of England raised rates by half a percentage point to 3.5%, in a decision taken with a six to three majority in the Monetary Policy Committee. (HANDLE)


(ANSA) - ROME, DECEMBER 15 - The Bank of England has raised rates by half a percentage point to 3.5%, in a decision taken with a six to three majority in the Monetary Policy Committee.

The decision comes despite the fact that the Bank of England itself sees the economy in the midst of a recession, with the Pilates contracting by 0.1% in the fourth quarter of 2022.


   (ANSA).


Source: ansa

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