Bank of England hikes key interest rates to 3.5%, highest in 14 years
Shortpedia
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Britain's central bank on Thursday raised its key interest rate again but toned down the pace as inflation shows signs of easing, mirroring action by the US Federal Reserve and ahead of an anticipated identical move by European policymakers. The Bank of England raised the benchmark rate by half a percentage point, to 3.5 per cent, the highest level in 14 years.
