Bank of England Hikes Rates to 2.25%; Jack Dorsey’s Block Slapped With Downgrade on Bitcoin Sentiment

Name: Bank of England Hikes Rates to 2.25%; Jack Dorsey’s Block Slapped With Downgrade on Bitcoin Sentiment
Uploaded: 2022-09-22T19:53:00Z
Duration: 1 min 84 s
Description: The Bank of England raised its benchmark interest rates by 50 basis points (bps) to 2.25% in a continued fight against inflation. Plus, investment bank Mizuho downgraded shares of Jack Dorsey’s payments company Block to neutral from buy.

Sep 22, 2022

The Bank of England raised its benchmark interest rates by 50 basis points (bps) to 2.25% in a continued fight against inflation.

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