Bank of England raises rates by 50bps and now sees a ‘much shallower’ recession than expected
A walkway near the Bank of England (BOE) in the City of London, UK, on Thursday March 18, 2021. Hollie Adams | Bloomberg | Getty Images LONDON — The bank of england On Thursday, it raised interest rates by 50 basis points and recalled some of its previous bleak economic forecasts. The monetary policy committee … Read more