Bank of England Raises Key Interest Rate by Quarter Percentage Point

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Bank of England Raises Key Interest Rate by Quarter Percentage Point
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The Bank of England raised its key interest rate by a quarter percentage point, matching recent moves by the Federal Reserve and the European Central Bank

The Bank of England is trying to curb the highest inflation rate in the Group of Seven advanced democracies.

LONDON—The Bank of England on Thursday raised its key interest rate for the 14th time in a row, and said it may do so again as it tries to cool the fastest rise in consumer prices in the Group of Seven advanced democracies.Continue reading your article with

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