Bank of England raises interest rates

(VOVWORLD) - The Bank of England on Thursday raised interest rates for the first time in a decade to contain inflation caused by Brexit. 
Bank of England raises interest rates - ảnh 1 Bank of England headquarter in London (Photo:AFP/VNA)

The bank said it increased its benchmark interest rate from 0.25% to 0.50%. England’s inflation rate in the last 9 months reached 3%, due to the pound weakening during Brexit negotiations. 

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