BOE Likely to Follow Fed and Raise Rates Amid Inflation Concerns.
TL;DR Summary
The Bank of England is expected to raise its key interest rate by a quarter point amid concerns about the health of banks and inflation, which is still in double digits in the UK. The move follows the Federal Reserve's decision to increase borrowing costs by the same amount.
- Bank of England Expected to Raise Rates as Fed Did. Inflation Is Still a Worry. Barron's
- UK central bank may hike rates after big jump in food prices The Associated Press
- Bank of England meet Thursday, 23 March 2023, preview ForexLive
- Moneycontrol Pro Panorama | Inflation, recession, banking crises, what’s next? Moneycontrol
- What to Watch for in BOE Rate Decision Bloomberg
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