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Cryptopolitan 2023-09-18 14:49:10

Bank of England’s possible interest hike poses risk of overtightening

Financial markets are anticipating that the Bank of England (BoE) will implement another quarter-point increase in interest rates at its upcoming meeting on Thursday. This move would bring the borrowing cost to 5.5%, marking its highest level since early 2008. Presently, markets are factoring in approximately 18 basis points for this week’s meeting. Although forward ... Read more

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