The Bank of England building as seen Thursday in the City of London.
daniel leal/Agence France-Presse/Getty Images
The Bank of England on Thursday lifted interest rates for the 12th consecutive meeting, taking rates up by a quarter point to 4.5%.
The 7-to-2 vote was expected.
One key change in the statement was its new view that the U.K. will avoid recession, as the central bank expects 0.2% quarterly growth in both the first and second quarters, against…
