News 13

Bank of England raises interest rates amid economic challenges

In an effort to curb inflation, the Bank of England has raised interest rates by half a percentage point. Professor at Miami Herbert Business School John Quelch joins "CBS News Mornings" to explain how that compares to the rate hikes in the U.S. and what it signals about the state of the British economy. #news #economy #bankofengland CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on and Paramount+. Subscribe to the CBS News YouTube channel: Watch CBS News: Download the CBS News app: Follow CBS News on Instagram: Like CBS News on Facebook: Follow CBS News on Twitter: Subscribe to our newsletters: Try Paramount+ free: For video licensing inquiries, contact: [email protected]
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