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Bank of England raises key rate to highest level in 13 years - Netscape Money & Business

Bank of England raises key rate to highest level in 13 years - Netscape Money & Business
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United kingdomCity ofDmitri theodosiuIts monetary policy committeeMonetary policy committee

Interest rates soars to 13-year high as Bank of England warns energy bills will soon hit £2,800

Interest rates soars to 13-year high as Bank of England warns energy bills will soon hit £2,800
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United kingdomIts monetary policy committeeMembers of the bankMonetary policy committeeConsumer prices index

Stocks open lower on Wall Street, giving back some of rally

Stocks are opening lower on Wall Street Thursday, giving up some of the big gains they made a day earlier. Technology companies were leading the declines. The S&P 500 lost

New zealandFrance generalHong kongNew south walesKrung thep mahanakhonSouth koreaCity ofUnited kingdomLarry ellisonElon muskDavid chaoIts monetary policy committeeYork mercantile exchangeFederal reserveNew york mercantile exchangeWall street thursday

Bank of England raises key rate to highest level in 13

Bank of England raises key rate to highest level in 13
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United kingdomCity ofDmitri theodosiuIts monetary policy committeeMonetary policy committee

More to come: How these six central banks are fighting runaway inflation

As the world copes with the impacts of the Russian invasion of Ukraine, central banks around the world are responding to record-high inflation with adjusted interest rates.

United statesUnited kingdomCity ofAustralian capital territoryJerome powellElvira nabiullinaDmitri theodosiuPhilip loweShilan shahShaktikanta dasIts monetary policy committeeCentral bankRussian central bankFederal reserveMonetary policy committeeGovernor shaktikanta das