The Bank of England expects inflation to reach 7.25% by April. To head it off, the central bank is taking drastic action; some project that interest rates will triple by the end of 2022.
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"uri": "/2022/02/04/boe-wakes-up-hawkishly-to-inflation/",
"title": "BOE Wakes up Hawkishly to Inflation",
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"summary": "The Bank of England expects inflation to reach 7.25% by April. To head it off, the central bank is taking drastic action; some project that interest rates will triple by the end of 2022.",
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