
Bank of England Signals Rate Hike Threat, UK Gilt Yields Explode
The Bank of England's Monetary Policy Committee unanimously voted to maintain UK interest rates, but signaled readiness to raise rates to counter inflation driven by the Middle East conflict, causing UK Gilt yields to explode higher.
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Bank of England to sit tight as Middle East conflict turns up inflation heat - Reuters
Bank of England to sit tight as Middle East conflict turns up inflation heat Reuters
Read full article →Bank holds UK interest rates at 3.75% and stands ‘ready to act’ over Iran war
The Bank of England left rates unchanged in a unanimous vote among all nine members of its Monetary Policy Committee on Thursday.
By Anna Wise
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