Interest Rate Decision. UK, 13:00 (GMT+2)


At 13:00 (GMT+2), the decision of the Bank of England on the interest rate will be announced. It is expected that the regulator will raise the rate from 1.75% to 2.25% to combat further inflation, which has reached a 30-year record. The accompanying statement may contain officials’ vision of the state and immediate prospects of the national economy, as well as hints at further actions of the regulator in the field of monetary policy.





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