Bank of England raises interest rates to 3%, largest jump in 33 years Post author:MiamiCrypto Post published:November 3, 2022 Post category:Bank of England / inflation / interest rates / United Kingdom The Bank of England is trying to bring soaring inflation under control by dramatically increasing the cost of borrowing money. You Might Also Like UK Billionaire Simon Nixon’s Family Office to Enter the Cryptocurrency Space: Report August 26, 2021 Zero Percent: Switzerland Reverts to 0% Rates to Counter Deflation Pressure June 19, 2025 Bitcoin price will hit $1M, but at what cost? — Michaël van de Poppe November 11, 2024