Amongst the advanced economies, the U.K. has experienced one of the worst post-Covid inflation outbursts. In response, the Bank of England (BoE) reacted firmly by initiating an interest rate tightening cycle at the end of 2021 that increased its benchmark interest rate 14 times. This sequence of decisions raised the interest rate from 0.10% to […]

The post Bank of England is set to start monetary easing cycle appeared first on African Manager.