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Bank of England raises rates but avoids bolder hike like Fed

Por: ABC News World September 22, 2022

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LONDON -- The Bank of England raised its key interest rate Thursday by another half-percentage point to the highest level in 14 years, but despite facing inflation that outpaces other major economies, it avoided more aggressive hikes made by the U.S. Federal Reserve and other central banks.It is the Bank of England’s seventh straight move to increase borrowing costs as rising and energy prices fuel a cost-of-living crisis that is considered... + full article



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