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Added on the 13/02/2018 19:04:00 - Copyright : Euronews EN
The Paris-based Organisation for Economic Co-operation and Development's latest economic outlook sees limited improvement in global prospects but says rate hikes will weigh on growth.
As the Bank of England hikes interest rates to keep prices in check, the UK's inflation rate remains worse than the EU's. Here's why.
UK finance minister Jeremy Hunt said Thursday's 0.75% hike by the Bank of England would be "very tough" for families with mortgages and businesses with loans.
Bank of England
Inflation in Turkey hit an eye-watering 61.36% last month.