Global Economic News

European Economics Preview: Bank Of England Policy Announcement Due

The monetary policy announcements from the Bank of England and the Swiss National Bank are due on Thursday, headlining a busy day for the European economic news.

The BoE is widely expected to raise its interest rates for a fifth policy session in a row amid surging inflation. The Monetary Policy Committee is set to hike the bank rate by 25 basis points to 1.25 percent, the highest level since 2009. The announcement is due at 7.00 AM ET.

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by RTTNews Staff Writer

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