Nov
2

BofE Base Rate increased 0.25%

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The Bank of England has increased the Base Rate for the first time since July 2007 from 0.25% to 0.5%.

Despite modest economic figures and a cut in projected growth rates the current 3% inflation rate was apparently too much to ignore against the 2% medium term target.

The post BofE Base Rate increased 0.25% appeared first on Property118.

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