 The Bank of England lifted its benchmark rate for the ninth consecutive meeting on Thursday but moderated the pace of tightening from the previous sessions 75 basis point hike amid rising concerns that the UK economy is in recession. The rate-setting committee of the BoE raised the Bank Rate by 50 basis points to 3.50 ... The post Bank Of England Hikes Key Rate By 50 Bps appeared first on ForexTV... 