• Bank Of England Raises Interest Rate To 0.75% From 0.5%, Sees Further Rate Rises Over Coming Years If Economy Grows As Expected

Market news

2 August 2018

Bank Of England Raises Interest Rate To 0.75% From 0.5%, Sees Further Rate Rises Over Coming Years If Economy Grows As Expected

  • MPC Voted 9-0 to Raise Bank Rate to 0.75%

  • Rate Rise Is Second In A Decade, Follows November Move

  • Slowdown In Economic Growth During 1Q Was Temporary

  • BOE Raises UK Economic Growth Forecasts For 2018, 2019

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.