21.4 C
New York
Thursday, November 5, 2026

BoE hikes rate for first time in 3 years; retreating oil prices may allow for more options ahead

LONDON (AP) — The Bank of England indicated Thursday that the sharp decline in energy prices after the U.S. midterm elections — if sustained — could limit the prospect of further interest rate hikes in the coming months. After raising its main interest rate for the first time in more than three …

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

148,415FansLike
396,312FollowersFollow
4,740SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x