The Bank of England's Monetary Policy Committee has unanimously voted to increase interest rates by 25 basis points to 0.75%, the highest level in almost a decade.
Despite the weaker-than-anticipated CPI inflation at 2.4% in June, the MPC minutes said inflation would remain above target for the forecast period. The MPC added there was a "very limited degree" of...
The US dollar is close to peaking and the risks now seem to be on the downside.
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