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Evening Standard
Evening Standard
Business
Simon English

Bank of England poised for interest rate rise as it fights inflation

Bank of England Inflation MPC

Governor of the Bank of England Andrew Bailey is one of the decision markets on the policy committee (Frank Augstein/PA)

(Picture: PA Wire)

What will the Bank of England do tomorrow?

Raise interest rates for sure, the question will be by how much. Does the Bank’s nine-strong rate setting Monetary Policy Committee (MPC) go for the expected 0.25 point rise, taking rates to 1.25%. Or does it go for something more dramatic?

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