In Money Matters

BOE struggles to maintain momentum, stuck between inflation and debt purchases

18th November 2021 Matthew Patridge

UK inflation

Inflation in the United Kingdom has risen faster than expected to its highest level in ten years. As a result, the Bank of England (BOE) has come under pressure to raise interest rates to stop spiralling commodities’ prices from growing. It is becoming increasingly difficult for households to maintain their standard of living.

Consumer prices rose 4.2 percent in October …

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by Matthew Patridge