Katamarayudu telugu movie review | Katamarayudu Movie Review Rating | Katamarayudu Review | Pawan Kalyan Katamarayudu

X
close save
crop image
x
TM
Wed, Nov 14, 2018 | Last Updated 9:44 am IST

Menu &Sections

Search

BoE hiked interest rate from 0.5% to 0.75%

BoE hiked interest rate from 0.5% to 0.75%
BoE hiked interest rate from 0.5% to 0.75%
http://apherald-nkywabj.stackpathdns.com/images/appleiconAPH72x72.png apherald.com

London sources reported that the Bank of England (BoE) on Thursday raised its key interest rate by a quarter of a percentage point, from 0.5% to 0.75% the highest level since March 2009. As per report it is only the second increase in the bank rate since July 2007 and the move will increase the interest costs of more than three and a half million residential mortgages that have variable or tracker rates.



Moreover according to the Guardian, the bank's nine member Monetary Policy Committee (MPC) voted unanimously for the increase, judging that the economy had bounced back from a soft patch earlier this year triggered by the freezing weather and heavy snowfall from the "beast from the east". Moreover while warning Brexit could blow the economy off course, the MPC said recent readings for economic growth "appear to confirm that the dip in output in the first quarter was temporary, with momentum recovering in the second quarter".

BoE hiked interest rate from 0.5% to 0.75%

Accordingly the BoE said in a statement that the committee "continues to judge that the UK economy currently has a very limited degree of slack" and labor demand growth remains "robust". Further this reflects tightening in the labor market, with indicators of pay growth strengthening and pay growth projected to rise further.

BoE hiked interest rate from 0.5% to 0.75%

BoE hiked interest rate from 0.5% to 0.75%
5/ 5 - (1 votes)
Add To Favourite
More from author
Chandrababu Naidu released TDPs candidates list for Telangana Polls
Pawan Kalyan contributed Rs. 100 for serving people
World's biggest OIL supplier Saudi Arabia announced plans to cut production
Tougher laws & stricter implementation for rapism & Murder against girls: Rajinikanth
Alibaba makes record selling in first five minutes & $10 billion figure achieved
Distributing 1 Lakh Cows per year is in BJPs Manifesto
69% Pakistanis aged 15-65 years don't know what the Internet is!!!
Why Pasupuleti Balaraju quit TDP joined Janasena Party?
Telangana Polls scheduled to be held by December 7
Trump missing from one of weekend's most powerful images
TRS MP Kavita attacked TPCC Chief
Stalin condemns Periyar caste reference!
Gaja storm getting intensified!
Sivakasi laborers set to lose jobs!
Viral video from Kaduvetti guru son!
TRS released list of candidates for 107 of 119 Assembly Constituencies
YSRCP Leader YS Jagan resumed his Padayatra with Emotional Welcome
AAP includes Jobs for Youth in its Manifesto
PM Narendra Modi inaugurated two major national highways
Why TN CM defended protests against AR Murugadoss's Sarkar?
Cyclone Gaja expected to hit coastal Tamilnadu & AP
Actor Mohan Babu in support of TRS Party
Wildfire in California killed 23
Hong Kong-Zhuhai-Macao bridge anticipated to have 5G service
AP CM Chandrababu Naidu expands his Cabinet with 2 Ministers
Do you know which is Indias Most CONGESTED PLACE?
Why Chiranjeevi neither meets Rahul Gandhi nor attends any Congress meetings?
Minister's controversial talks!
ADMK member ousted for sexual misconduct!
RTI reveals truth in Rajiv killers plea!
Gaja arrives soon, Red Alert!
Demonetization & GST holds back India's growth: Raghuram Rajan
Why Naidu meeting all leaders who are already opposed to PM Narendra Modi: Dr. Tamilisai
KTR asked why people should vote for AP CM Chandrababu Naidu
Nick Jonas celebrated his Bachelor s party
KCR launched TRS Party Campaign from Gajwel Constituency
About the author

Bharath has been the knowledge focal point for the world, As Darvin evolution formula End is the Start ... Bharath again will be the Knowledge Focal Point to the whole world. Want to hold the lamp and shine light on the path of greatness for our country Bharath.