World Bank of England hikes rates by 50 basis points, now sees ‘much shallower’ recession than feared 2 years ago The Bank of England on Thursday hiked interest rates by 50 basis points. Continue Reading Previous Bank of England hikes rates by 50 basis points, now sees ‘much shallower’ recession than fearedNext European Central Bank raises rates by 50 basis points, pledges further hike in March More Stories World TikTok ban likely to be upheld by Supreme Court, putting pressure on Trump 7 mins ago World Can a new president change Lebanon’s fortunes? 7 mins ago World Tesla recalling 239,000 vehicles in U.S. over rearview camera failures 7 mins ago Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website