UK Central Bank Raises Rates; ECB Stands Pat

The Bank of England boosted its benchmark interest rate by a quarter point to 5.75% on Thursday - the fifth increase in under a year

About the Author

Before he moved into the investment-research business in 2005, William (Bill) Patalon III spent 22 years as an award-winning financial reporter, columnist, and editor. Today he is the Executive Editor and Senior Research Analyst for Money Morning at Money Map Press.

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