BUSINESS
20:19, February 02, 2023
A picture shows the Bank of England, Britain's central bank, in the City of London on February 2, 2023. (Photo: AFP)
The Bank of England on Thursday hiked its interest rate for a tenth time in a row as global authorities race to combat sky-high inflation.
The central bank's Monetary Policy Commitee voted at a regular meeting to lift its key interest rate by a half-point to 4.0 percent, the highest level since late 2008.
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