https://www.cnbc.com/2022/06/16/bank-of-england-hikes-rates-for-the-fifth-time-in-row-as-inflation-soars.html
UK just raised again tonight to 1.25% in a 6/3 vote. The 3 that disagreed advised it should have gone to 1.5%
By my calculations they had 37% of $2.2B float in GBP on last announcement.
this is = 10.17m in interest alone without factoring in any more rises *ding ding*
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