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    Bank of England Hikes Bank Rate to 0.5%, Governor Andrew Bailey Hints at Wage Restraints

    • Post author:MiamiCrypto
    • Post published:February 4, 2022
    • Post category:0.25%/Andrew Bailey/Andrew Bailey Inflation/Bank of England/Bankers/Benchmark Rate/BoE/BOE interest rate/britain/British Bonds/British Pound/Central Bank/Economics/Economy/inflation/interest rates/labor market/Low Wages/politicians/Stock Market/Wage Restraints/wages/Wages Down/Working Class

    The Bank of England (BOE) raised the country’s benchmark bank rate from 0.25% to 0.5% this week in order to curb rampant inflation. “We face a trade-off between strong inflation…

    Continue ReadingBank of England Hikes Bank Rate to 0.5%, Governor Andrew Bailey Hints at Wage Restraints
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