Who are high interests rates good for? Bank of England to announce another hike
In an attempt to curb rapid inflation, the Bank of England (BoE) will increase interest rates, to what many economists predict will be 0.5 percent, up from 0.25. Official inflation reached 5.4 percent in December, the highest level since March 1992 – while the BoE has warned it could rise further to six per cent … Read more