Rolling coverage of the latest economic and financial news
- Bank of England sets interest rates at noon today
- Bank could raise interest rates from 0.1% to 0.25%
- Inflation is rising, but factors could be temporary
- Why is the Bank of England considering an interest rate rise?
- Last night, US Fed started tapering its bond-purchase programme
- The Guardian view on the Bank of England: talking itself into a rate rise
Here’s a Q&A on why the Bank might raise interest rates today…
Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.
The Bank may well decide that pouring more cold water on the situation at this juncture could lead to an economic freeze.
