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via cnbc.comEconomy

Bank of England hikes rates for first time since Iran war, to 4%

FROM THE WIRE · CNBC.COM

A person shields themselves from the rain while walking near the Bank of England building on the day the Monetary Policy Committee lowered interest rates, in Lo...

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: neutralA central bank rate hike moves sterling, gilts and UK equities.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The Bank of England raised its interest rate to 4%.
  2. 02It is the first hike since the Iran war began.
  3. 03The decision was taken by the Monetary Policy Committee.

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Breaking live stories come from third-party newswires via feed; headline and summary belong to the stated source. Impact analysis: UCapital AI · News Impact.

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