The Bank of England has raised its key interest rate by half a percentage point to 2.25 percent, following last month's hike by the same amount.
The British central bank announced its seventh consecutive interest rate hike on Thursday. The move reflects its resolve to curb soaring inflation.
The country's consumer price index for August rose 9.9 percent from a year earlier.
The British central bank announced its seventh consecutive interest rate hike on Thursday. The move reflects its resolve to curb soaring inflation.
The country's consumer price index for August rose 9.9 percent from a year earlier.
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Summary
Bank of England raises key interest rate by 0.5%, reaching 2.25% in seventh consecutive hike, aiming to control inflation. UK's August consumer price index rose 9.9% year-on-year.
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ID: 632cec7f-b380-40c0-9394-7c34c0a80b98
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20220922_44/
Date: Sept. 22, 2022
Created: 2022/09/23 08:15
Updated: 2025/12/09 13:29
Last Read: 2022/09/23 08:15