Publisher: Maaal International Media Company
License: 465734
Monday, 23 June 2025
BOE raises official interest rate to highest level in 15 years
Bank of England announced today raising the official interest rate to the highest level in nearly fifteen years.
The bank’s financial policy committee voted in favor of increasing the rate from 4.25% to 4.5%, which is the twelfth time in a row that the bank has raised the official interest rate, in order to curb inflation.
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