Bank of England raises interest rates in bid to tame inflation | Business and Economy News
UK’s central bank hikes key interest rate to 1.75 percent, its highest level since 2008, and warns of recession ahead.
Read MoreUK’s central bank hikes key interest rate to 1.75 percent, its highest level since 2008, and warns of recession ahead.
Read MoreMillions of Americans are living on the edge amid historically high inflation at the grocery store and petrol pump, but
Read MoreHSBC, one of the world’s biggest banks, has said that Chinese Communist Party (CCP) branches at private firms in China
Read MoreThe EU imposes a seventh round of sanctions on Russia over its invasion of Ukraine, including on its biggest lender.
Read MoreCanada’s central bank raised its policy rate to 2.5 percent from 1.5 percent and said more hikes would be needed.
Read MoreAs real estate in the United States remains strong despite rising interest rates, market analysts interviewed by Al Jazeera predict
Read MoreRegulator says customers at five rural banks whose funds have been frozen since April will get their money back from
Read MoreFour banks in Henan have frozen millions of deposits since April, leaving individuals and firms unable to access their funds.
Read MoreMexican consumer prices rose 7.99 percent in the year through June, government data showed. Mexico’s annual inflation accelerated in June
Read MorePolicymakers backed raising interest rates at their next meeting in July by either 50 or 75 basis points, show the
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