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The Piney Point

Bank of England expected to keep interest rates unchanged despite rising inflation

Bank of England expected to keep interest rates unchanged despite rising inflation
Photo: KPRC 2 / Click2Houston (NBC) · view original

The Bank of England is expected to keep interest rates unchanged Thursday even though inflation in the United Kingdom has risen to a five-month high as the fallout from the Iran war continues to ratchet up fuel prices. Economists expect a majority of the nine-member Monetary Policy Committee will...

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