Bank of England’s path of pain: Interest rates expected to remain high

Today the Bank of England announced interest rates would rise for the 14th time and warned investors should still expect a bumpy road ahead. Announced at 12pm, the Bank of England stated that rates would rise from 5% to 5.25% in a bid to keep England from entering a recession. In a three-way split on … Continue reading Bank of England’s path of pain: Interest rates expected to remain high