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Bank of England to hike again over stubborn inflation
Bank of England to hike again over stubborn inflation
by  AFP

The Bank of England is forecast Thursday to lift interest rates for the 13th time in a row -- and may hike sharply to fight stubborn inflation despite worsening a cost-of-living crisis. Norway and Switzerland are also expected to lift borrowing costs on Thursday.

Asian markets track US losses with rates seen rising further
Asian markets track US losses with rates seen rising further
by  AFP

Markets fell in Asia on Thursday as traders contemplated the prospect of more central bank interest rate hikes as they struggle to tame persistently high inflation. All three main indexes on Wall Street fell for a third straight session, and Asia followed on Thursday.

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