A British Union flag on top of the Bank of England (BOE) in the City of London, UK, on Monday, Oct. 17, 2022. The Bank of England said it was restarting its corporate bond-selling as it looks to return to normality in the wake of a sustained selloff in UK assets. Photographer: Jason Alden/Bloomberg
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Bank of England tells investors to rein in expectations for rate hikes
The Bank of England delivered its biggest interest rate increase in 33 years but strongly pushed back against market expectations for the scale of future hikes.