The Bank of Norway raises its key interest rate to its highest level since 2009
Summary by La Libre
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6 Articles
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The Bank of England raises rates to 3%, the highest level since 2008
The Bank of England announced on Thursday an interest rate hike of 0.75 percentage points to 3%, the highest level since 2008. The Monetary Policy Committee of the English issuing bank voted by a majority (7 to 2) in favour of this increase in the price of money, as a way of controlling year-on-year inflation in the United Kingdom, which stands at 10.1%, compared to the official target of 2%. In its statement, the bank has indicated that the Uni…
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Bias Distribution
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50% Center
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