Bank of England hikes rates by 25bps to 5.25%

Highest rates since February 2008

Elliot Gulliver-Needham
clock • 3 min read
Bank of England hikes rates by 25bps to 5.25%

The Bank of England has raised interest rates by 25bps to 5.25%, bringing rates to their highest since February 2008.

In a 6-3 vote, the central bank's Monetary Policy Committee (MPC) voted to hike rates by 25bps, with two voting for a 50bps hike and one voting for no change. Expectations for the peak o...

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