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  • Added for You - Surprise Interest Rate Rise Announced By Bank Of England

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    The catalyst for today’s announcement seems to have be

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    The Bank of England have today announced a surprise increase in interest rates, from 5% to 5.25%, in a move seen by many as early action against a rising rate of inflation. While many analysts had been expecting a rise early in 2007, the exact time of the announcement came as a shock to many.

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    t rates, from 5% to 5.25%, in a move seen by many as early action against a rising rate of inflation. While many analysts had been expecting a rise early in 2007, the exact time of the announcement came as a shock to many.

    The catalyst for today’s announcement seems to have be

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    st a rising rate of inflation. While many analysts had been expecting a rise early in 2007, the exact time of the announcement came as a shock to many.

    The catalyst for today’s announcement seems to have be

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    a rise early in 2007, the exact time of the announcement came as a shock to many.

    The catalyst for today’s announcement seems to have be

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    The catalyst for today’s announcement seems to have been the increase in consumer price inflation, which has risen to 2.7%, the highest rate for more than ten years. Today’s rate rise should also slow down the over exuberant housing market which was recently beginning to gather more momentum, although the rate rise will be an unwelcome

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