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    Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%

    • Post author:MiamiCrypto
    • Post published:November 3, 2022
    • Post category:3/75 basis points/75bps/Andrew Bailey/Andrew Bailey Inflation/Bank of England/BoE/Economics/Economy/Fed/Federal Reserve/Hike/inflation/Inflationary pressures/monetary policy committee/MPC/rate hike/rates/Repo Rate

    On Nov. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75 basis points (bps). The increase brings…

    Continue ReadingBank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%
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