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Evening Standard
Evening Standard
Business
Oscar Williams-Grut

Fourth interest rate rise in a row looms at Bank of England with job market hot

The Bank of England looks set for the first quadruple back-to-back interest rate hikes in a quarter of a century, after fresh labour market data pointed to a red-hot jobs market.

City economists said the central bank was now almost certain to raise rates again in May, following hikes at the last three Monetary Policy Committee meetings in December, February and March.

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