Bank of England Hits Pause, but Outlook Remains Cloudy

Bloomberg Television published this video item, entitled “Bank of England Hits Pause, but Outlook Remains Cloudy” – below is their description.

The Bank of England hit pause on its monetary tightening campaign, ending a series of 14 successive hikes since December 2021. The move followed some positive economic data, but is the UK economy out of the woods yet? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights

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In This Story: Bank of England

The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government’s banker, and still one of the bankers for the Government of the United Kingdom, it is the world’s eighth-oldest bank.

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