Skip to content
Markets
Economics

Bank of England Set for Biggest Interest Rate Rise in 27 Years

  • Historic shift away from stimulus toward tighter money
  • Central banks around the world are fighting inflation surge
Video player cover image
BOE's Bailey Says Global Economic Outlook Has Deteriorated Markedly

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

The Bank of England this week is expected to push through the biggest interest-rate increase in 27 years and unveil its strategy for unwinding some of the £895 billion ($1.1 trillion) of stimulus it delivered over the past decade.