Bank of England Set for 25Bp Rate Hike, But Economic Data Warrants Higher 1028 GMT - Recent U.K. inflation and labor market data indicate persistent inflationary pressures, warranting a 50 basis-point interest rate increase from the Bank of England.
Government bond yields surge as mortgage rates hit 6pc msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
The FTSE 100 Index closed Monday down 0.7% to 7588 points amid profit-taking and an absence of volumes due to the U.S. holiday. AstraZeneca closed down 1.2%, dragging the index, on reports that it. | June 19, 2023