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Bank of England Raises Rates Again as Inflation Persists

Por: The New York Times Business March 23, 2023

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The Bank of England raised interest rates by a quarter-point on Thursday, its 11th consecutive rate increase, a day after data showed that Britain’s inflation rate unexpectedly increased last month.The central bank also affirmed that Britain’s banking system was “resilient” and able to withstand a period of higher interest rates, according to the minutes of this week’s meeting.Consumer prices rose from a year earlier, up from 10.1... + full article



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