Bank of England Update: More Rate Hikes Incoming

<p>Key takeaways As expected, the Bank of England (BoE) raised the Bank Rate by 25bp to 0.50% and announced the beginning of “passive QT” (ceasing reinvestments of maturing bonds) last week. A major surprise was that four out of nine policymakers voted for a 50bp rate hike sending a hawkish signal to markets that the […]</p>
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