Bank of England Raises Rate by 50 Basis Points in 5-4 Vote Split

Bank of England Raises Rate by 50 Basis Points in 5-4 Vote Split

The Bank of England raised its official rate by 50-basis-point increase in rates, with the move to 2.25% on Thursday backed by five of the nine-member Monetary Policy Committee. Bloomberg’s Lizzy Burden has the latest on “Bloomberg Surveillance.”

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