Bank of England Raises Interest Rates to 4.5%, Highest Level in 15 Years

Bank of England Raises Interest Rates to 4.5%, Highest Level in 15 Years

The New York Times - Business:

The central bank lifted its benchmark rate a quarter point, to 4.5 percent, as part of its aggressive policy to tame inflation, which has remained stubbornly high.

This post first appeared in The New York Times - Business. Read the original article.