Comment

Trustees must assess impact of rate hikes

By October 2022 (Magazine)

venilia amorim

The Bank of England (BoE) has hiked its policy rate by 50bps to 2.25%, prioritising the fight against inflation over support for growth in its domestic economy. This interest rate increase has hit levels not seen since the end of 2008 but in line with a majority of economists’ consensus.

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