Breakingviews - BoE will struggle to keep calm and carry on hiking

From Breakingviews - BoE will struggle to keep calm and carry on hiking

Governor of the Bank of England Andrew Bailey attends the Monetary Policy Report News Conference at The Bank of England, in London, Britain, November 3, 2022. REUTERS/Toby Melville/Pool, the Bank of England extended its run of interest rate increases to 11, bringing the base rate to 4.25%.

They are in good company. The European Central Bank and the U.S. Federal Reserve took similar stances. Even the Swiss National Bank lifted its benchmark rate by 50 basis points on Thursday, four days after seeing Credit Suisse

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