Bank of England raises U K interest rates to highest level navhindtimes.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from navhindtimes.in Daily Mail and Mail on Sunday newspapers.
The CPI numbers coming in pretty much as expected "was a relief" to the markets, with the bond market rallying after the release, said Luke Bartholomew, senior economist at abrdn.
Businesses and borrowers will be poised to this week hear the Bank of England’s next decision on interest rates, although one analyst has blasted its economic policy as being “about as useful as a chocolate teapot”.