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Evening Standard
Evening Standard
Anna Wise

Bank of England set to keep interest rates on hold as it faces ‘balancing act’

Interest Rates MPC Inflation The Bank of England Edward Allenby Monetary Policy
The Bank of England is expected to hold interest rates at 3.75% (Jordan Pettitt/PA) - (PA Wire)

The Bank of England is expected to hold interest rates at 3.75% as policymakers face a “balancing act” of controlling inflation and supporting economic growth.

Most economists think the Bank’s Monetary Policy Committee (MPC) will opt to leave rates unchanged at its next decision on Thursday.

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