BOE Hikes Key Rate by 50 Basis Points to 5% (Video)

The Bank of England raised its benchmark interest rate to 5%, the highest level in 15 years, in a 7-2 vote Thursday. Lizzy Burden reports on Bloomberg Television.

(Bloomberg) — The Bank of England raised its benchmark interest rate to 5%, the highest level in 15 years, in a 7-2 vote Thursday. Lizzy Burden reports on Bloomberg Television.

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