Coverage dated September 21, 2022

Bank of England hikes interest rates by half a point for second straight month

Headline from Local News 8

The Bank of England announced its seventh interest rate hike in less than a year on Thursday, despite forecasting a recession, as it battles the highest level of inflation of any G7 economy.

Local News 8's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Reports & sources

15 articles, oldest first.

  1. Local News 8

    Bank of England hikes interest rates by half a point for second straight month (opens Local News 8)

    Published

    Local News 8's feed description

    The Bank of England announced its seventh interest rate hike in less than a year on Thursday, despite forecasting a recession, as it battles the highest level of inflation of any G7 economy.

  2. Weareiowa

    Bank of England pressed to follow US Fed with big rate hike (opens Weareiowa)

    Published

    Weareiowa's feed description

    The central bank warned last month that U.K. inflation would peak at 13.1% by the end of this year and trigger a prolonged recession.

  3. WFMZ Allentown

    Bank of England hikes rates but avoids more aggressive step (opens WFMZ Allentown)

    Published

    WFMZ Allentown's feed description

    Britain’s central bank has raised its key interest rate by another half-percentage point, avoiding more aggressive steps to tame inflation that the U.S. Federal Reserve and other banks have taken.

  4. Digital Journal

    Bank of England hikes rate again as UK enters recession (opens Digital Journal)

    Published

    Digital Journal's feed description

    The Bank of England hiked its interest rate again on Thursday to combat soaring inflation as it warned that the UK's economy had already slipped into

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

Bank of England hikes interest rates by half a point for second straight month | Since Then