The Bank of England on Thursday lived up to its promise to act “forcefully” to curb surging inflation, by announcing the biggest increase in interest rates for more than a quarter of a century. But while the rise in borrowing costs was no more than analysts had expected, the central bank’s intensely gloomy view of […]
Bank of England serves up a shock with its intensely gloomy outlook
Source: Bank of England serves up a shock with its intensely gloomy outlook
Category: Finance, ‘shock’, Bank, England, gloomy, intensely, outlook, serves
