The Bank of England has raised interest rates for a ninth consecutive time, increasing the Bank Rate by half a percentage point to 3.5%, the highest in 14 years, as it attempts to rein in soaring inflation.
Bank of England Raises Interest Rate to 14-Year High
Warning of More Rate Rises Sends Sombre Message to Homeowners With Mortgages
By Sharon Smyth
CoStar NewsDecember 15, 2022 | 1:37 P.M.
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