Monetary mistake? BoE raises rates with a 'hawkish twist'

Inflation expected to rise to 6%

Elliot Gulliver-Needham
clock • 4 min read

The Bank of England’s Monetary Policy Committee voted by a majority of five to four to raise interest rates from 0.25% to 0.5% on Thursday (5 February), in its first back-to-back increase since 2004.

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