Bank of England set to raise rates again as uncertainty swirls

The BoE last month predicted inflation will peak at around 7.25 percent in April - almost four times the British central bank#39;s 2 percent target - but that forecast has been overtaken by seismic shifts in European energy markets following Russia#39;s invasion of Ukraine.

from Moneycontrol Business News https://ift.tt/txdeWDZ