LONDON -TheBankofEnglandraised its key interest rate by a quarter of a percentage point to 4.5 percent on Thursday and Governor Andrew Bailey said the British centralbankwould "stay the course" as it seeks to curb the fastest inflation of any major economy. The centralbankis no longer predicting a recession after it revised up growth forecasts from the gloomy projections it released in February, the biggest such improvement since it first published forecasts in 1997. But it also now expects inflation - which remained above 10% in March - to be slower to fall than it had hoped, mostly due to unexpectedly big and persistent rises in food prices. It also saw stronger wage growth t...Keep on reading: Bank of England raises rates and Bailey promises to “stay the course”