Bank of England set for 12th straight interest rate hike, but the outlook remains murky

Bank of England set for 12th straight interest rate hike, but the outlook remains murky

People walk outside the Bank of England in the City of London financial district on January 26, 2023 in London, UK. henry nichols Reuters LONDON–The Bank of England is expected to raise rates at its 12th consecutive meeting on Thursday as inflation continues to rise, but a summit could be nearing. The UK economy has…