Markets
7.5
Bank of England raises rates to 4.00%, first hike since 2023
Published 2 d ago3 sourcesEvidence: Reported
SeverityHighPoder360Low-rated sourceGB
Swedish inflation came in unexpectedly low, prompting market expectations of further Riksbank easing and pressuring the crown. Meanwhile, US rates rose and the dollar strengthened, while the Bank of England's hawkish stance increased bets on further hikes.
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Entities
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