Kategori: BoE

Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%

On Nov. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75 basis points (bps). The increase brings the United Kingdom’s main lending rate to 3%, after a majority......

Bank of Englands Cunliffe: Krypto-trussel mod finansiel stabilitet 'Kommer tættere' - opfordrer tilsynsmyndigheder til at handle nu

Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrency is getting closer to posing a threat to global financial stability due to the sectors rapid growth. Crypto is also being integrated into the traditional financial......