Bank of England Is Set to Hike Rates to Battle Inflation. That Means Pain for Borrowers

LONDON (AP) — The Bank of England is poised to raise borrowing costs again on Thursday to combat stubbornly high inflation, which has failed to come down from its peak as quickly as expected. Though the consensus among analysts is that the central bank will raise its main interest rate by a quarter-percentage point — […] The post Bank of England Is Set to Hike Rates to Battle Inflation. That Means Pain for Borrowers appeared first on Mirror News Today.
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