SELECT * FROM DAFc WHERE DAFc="UCMIcOh7Vb4TYEAuX3FFhFvA"
The Bank of England raised the base rate from 1.75% to 2.25%, which was the highest jump in 14 years
🎞️ · 22.09.2022 · 23:40:01 ··· Donnerstag ⭐ 0 🎬 0
📺 Easy Money
🎬 · 22.09.2022 · 23:40:01 ··· Donnerstag
😎 · 03.07.2024 · 15:40:29 ··· MiTTwoch
The rate has already increased in August. This time it was raised for the seventh time since December 2021. Some analysts suggest that with the next increase, which will occur at the end of 2022, it will rise to the level of 3%. And next year they predict a rate of 5%.
Earlier this week, the European Central Bank and the US Federal Reserve raised their base rate by 0.75 percentage points. Most of the nine members of the Bank of England monetary policy committee considered this approach too radical and voted in favor of moving to 50 basis points.
The bank is raising rates in an attempt to contain price increases and cope with inflation, which, according to the plan, should not exceed 2%. However, inflation is currently at 9.9% and is expected to rise further despite government intervention and lower electricity bills. Raising interest rates should theoretically encourage people to borrow less and spend less, but there is a risk that such measures will hit the country's economic growth. The bank noted that the UK has already entered a recession.
· 22.09.2022 · 23:40:01 ··· Donnerstag
U
U
L
L
T
* 1663882801
* 1663882801
X 0
Y 0
P
C 17697
B 8
V 23
* · 24.07.2022 · 00:00:00 ···
2 · 20.07.2023 · 08:21:38 ···
L · 01.01.1970 · 01:00:00 ···
C · 17.07.2024 · 08:16:45 ···
💘 🖱️ * · 01.01.1970 · 01:00:00 ···
* · 01.01.1970 · 01:00:00 ···
· 01.01.1970 · 01:00:00 ···
**##
*** · 01.01.1970 · 01:00:00 ··· ::
*2* · 01.01.1970 · 01:00:00 ··· ::
*L* · 01.01.1970 · 01:00:00 ··· ::
*C* · 01.01.1970 · 01:00:00 ··· ::
********
