Etichetta: rates

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More pain for Britons as Bank of England hikes interest rates by 0.5%

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Bank of England admits the UK is probably ALREADY in recession but still heaps misery on families with half-point interest rate hike to 2.5% to combat rampant inflation - on the eve of Kwasi Kwarteng's 'massive' tax-c...

Fed issues another jumbo increase taking rates to 3.25%

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Fed Chairman Jerome Powell warns it will be 'very challenging' to tame inflation without steep job losses across the US economy after hiking interest rates to 3.25% - the highest level since 2008Fed Chair Jerome Powel...