BoE Raise Rates by 25bps, Expecting Inflation to Cool, GBP Edged Higher

BoE raised rates by 25bps as expected to fresh highs last seen in 2008. The vote was split 7-2 with policymakers Tenreyro and Dhingra voting to keep rates on hold.

from DailyFX - Market News https://www.dailyfx.com/news/boe-raise-rates-by-25bps-expecting-inflation-to-cool-gbp-edged-higher-20230323.html
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