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Bank of England raises interest rates by 0.5 percentage points

London, The Bank of England Thursday raised interest rates again as part of its continued efforts to stem inflation.The Bank announced that it would raise the interest rate again by 0.5 per cent to 4 per cent.The interest rate rise would be the tenth t…

London, The Bank of England Thursday raised interest rates again as part of its continued efforts to stem inflation.

The Bank announced that it would raise the interest rate again by 0.5 per cent to 4 per cent.

The interest rate rise would be the tenth time the British Central Bank has raised the interest rate since the end of 2021.

Source: Jordan News Agency