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Bank of England raises interest rates to 3%, largest jump in 33 years

The Bank of England is trying to bring soaring inflation under control by dramatically increasing the cost of borrowing money.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bank of England raises interest rates to 3%, largest jump in 33 years

The Bank of England is trying to bring soaring inflation under control by dramatically increasing the cost of borrowing money.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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