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
This article is for subscribers only.
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.