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Evening Standard
Evening Standard
Business
Anna Wise

Bank of England set to keep interest rates on hold despite rising inflation

More than a quarter of firms cited regulatory and policy changes (Alamy/PA) -

The Bank of England is expected to hold interest rates at 3.75% but economists have warned that pressure to hike rates is mounting as inflation rises.

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

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