The Bank of England has signalled it could continue to increase interest rates over the coming months, as it raised its base rate to a fresh 14-year high.
Decision-makers said on Thursday that they are increasing interest rates from 3% to 3.5%, despite inflation easing last month.
It is a slowdown from the last rise in November when rates were increased by 0.75 percentage points, and in line with what economists had forecast.
