Money Talks

Bank of England hikes rates for fifth time in a row

The Bank of England has hiked rates for the fifth time in a row to try and rein in inflation. The Monetary Policy Committee voted 6-3 to increase the benchmark lending rate by 25 basis points to 1.25%. The bank faces the difficult task of bringing consumer prices back under control against a backdrop of slowing growth and a rapidly depreciating currency, as well as a major cost of living crisis in the UK. For more on the story, we were joined by Massimo Massimilla, who is partner and CIO of Albemarle Asset Management, in London. #BankofEngland #UnitedKingdom #InterestRates

Turkey hikes 2018 inflation outlook to 23.5% | Money Talks

Turkey hikes 2018 inflation outlook to 23.5% | Money Talks

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Bank of England holds interest rate at 0.75% | Money Talks

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ECB’s stimulus plans weigh heavily on the Euro | Money Talks

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Crude oil, natural gas prices slump as investors fear recession

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