Bank of England tipped for biggest interest rate hike in 27 years as inflation soars

Bank of England tipped for biggest interest rate hike in 27 years as inflation soars

LONDON-FEB 3: Bank of England Governor Andrew Bailey leaves after a news conference at the Bank of England on February 3, 2022 in London, England. The Bank is expected to raise interest rates for a fifth consecutive meeting on Thursday, but faces a difficult balancing act between supporting growth and reining in inflation. Dan Kitwood …

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