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Coverage dated August 2, 2023

Bank of England hints that UK borrowing rates will stay high after its new hike

Headline from WFMZ Allentown

The Bank of England has raised its main interest rate to a fresh 15-year high as it tries to bring down persistently high inflation. The quarter-percentage point increase to 5.25%

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

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Reports & sources

11 articles, oldest first.

  1. WFMZ Allentown

    Bank of England hints that UK borrowing rates will stay high after its new hike (opens WFMZ Allentown)

    Published

    WFMZ Allentown's feed description

    The Bank of England has raised its main interest rate to a fresh 15-year high as it tries to bring down persistently high inflation. The quarter-percentage point increase to 5.25%

  2. New York Times

    The Bank of England Raises Rates Again (opens New York Times)

    Published

    New York Times's feed description

    Britain’s central bank raised rates for a 14th consecutive time as it warned that some risks from persistent inflation were “crystallizing.”

  3. UPI

    Bank of England raises rates to 15-year high (opens UPI)

    Published

    UPI's feed description

    The Bank of England hiked its lending rates Thursday by a quarter of a percent to a 15-year high of 5.25% and signaled more may be necessary to bring inflation back to the 2% target rate.

  4. CNN

    Bank of England raises interest rates for the 14th time (opens CNN)

    Published

    CNN's feed description

    The Bank of England raised interest rates by a quarter of a percentage point Thursday as inflation remains stubbornly high.

  5. The Guardian

    Bank of England poised to raise UK interest rates to 5.25% (opens The Guardian)

    Published

    The Guardian's feed description

    Fears remain over stubborn inflation but slowing economy likely to fuel more cautious approach from rate-setters, say analysts

  6. The Conversation US

    How the Bank of England's interest rate hikes are filtering through to your finances (opens The Conversation US)

    Published

    The Conversation US's feed description

    Interest rate rises have an uneven effect depending on your savings, living conditions and stage of life.

  7. Deutsche Welle

    Bank of England raises interest rate to 15-year high – DW (opens Deutsche Welle)

    Published

    Deutsche Welle's feed description

    The interest rate was increased to an anticipated 5.25%, the bank's 14th hike in a row. The bank is expected to continue with its policy of hiking the interest rate in the next months to combat inflation.

  8. WHEC Rochester

    Bank of England raises key interest rate to a new 15-year high in its 14th straight increase to combat high inflation (opens WHEC Rochester)

    Published

    WHEC Rochester's feed description

    Bank of England raises key interest rate to a new 15-year high in its 14th straight increase to combat high inflation.

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

Bank of England hints that UK borrowing rates will stay high after its new hike | Since Then