Reuters: Regardless of economic recession, the central bank has launched the largest interest rate hike since 1995

China Well -off. August 4th. Although the risk of economic recession has risen, it is expected that Bank of England will raise interest rates on Thursday's maximum rate since 1995 to try to prevent inflation from soaring into the British economy.

London British Bank

Reuters reports that most investors and economists predict that when the Bank of England will announce its decision at 1100 points at the Standard time of Greenwich, it will increase the benchmark interest rate by 0.5 percentage points to 1.75%.The highest level of time.

The British's main inflation rate has soared to 9.4% -according to the data of the Foundation Foundation, the data may reach 15%in early 2023 -because of the influence of the Russian and Ukraine War and the pressure on the world economy after great popularity.

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