Fundamental: Bank of England to lift Bank Rate 25 basis points to 4.25% in March, then pause

The Bank of England will make its final increase to borrowing costs in the current cycle next month to combat double-digit inflation, according to a Reuters poll which showed the British economy is almost certainly entering a recession. One of the first major central banks to begin lifting interest rates after the worst of the COVID pandemic, the BoE has ...     Alert Feb 14, 2023, 8:51pm Fundamental: Bank of England to lift Bank Rate 25 basis points to 4.25% in March, then pause The Bank of England will make its final increase to borrowing costs in the current cycle next month to combat double-digit inflation, according to a Reuters poll which showed the British economy is almost certainly entering a recession. One of the first major central banks to begin lifting interest rates after the worst of the COVID pandemic, the BoE has ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support