SEP 21. Why Bank of England stopped the rate hike?

Chun09
4 min readSep 22, 2023

Bank of England halted hike the rate today.

It’s the first time since 2021 December, BOE haven’t raised the rate. They’re now more worrying about the recessions not the inflation. Similar tunes in Swiss as well. Swiss National Bank stopped the rate hike.

Now, the world is more worrying about the recessions than inflation. But at the same time, they…

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Chun09

Trying every day, engraving what we’ve been through