Bank of England Raises Rates for First Time Since 2023
The Bank of England raised interest rates Thursday and said at least one more increase was likely if the US-Iran conflict continues. Governor Andrew Bailey spoke after the decision.
The Bank of England raised interest rates for the first time in over three years on Thursday and warned that at least one more increase was likely if the US-Iran conflict continues, as it started on a path that its main peers have already embarked on.Below are key comments made by Governor Andrew B…