Business & Economy
Today’s UK interest rate rise unlikely to be the last unless Iran war ends, Bank of England warns – business live
Source: Business | The Guardian · Published
UK hit by first interest rate rise in three years, as Bank predicts inflation will approach 5% by middle of 2027 UK government bond prices are also rallying today. This has pushed down the yield, or rate of return, on UK 10-year gilts by 4 basis points (0.04 of a percentage point
UK hit by first interest rate rise in three years, as Bank predicts inflation will approach 5% by middle of 2027 UK government bond prices are also rallying today. This has pushed down the yield, or rate of return, on UK 10-year gilts by 4 basis points (0.04 of a percentage point) to the lowest since August 28, below 5.1%. Continue reading...
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