Breaking: BoE hikes interest rates by 25 bps to 1.0%, GBP briefly spikes By FXstreetNews Breaking BOE InterestRate Inflation
by 25 bps to 1.0%. Six of the bank's nine rate-setters supported the 25 bps hike, though three wanted a larger 50 bps move. The rate hike was in line with expectations, but the vote split was more hawkish than expected, with a Reuters poll showing that eight had been expected to support a 25 bps hike and one support no hike.
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