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The Independent UK
The Independent UK
Business
Anna Wise

How inflation rebound is set to affect UK interest rates

Andrew Bailey previously stated the UK has passed the peak of inflation (Yui Mok/PA) - (PA Wire)

Interest rates are widely expected to remain at 3.75% as Bank of England policymakers prioritise curbing above-target inflation while also monitoring economic growth, according to expert analysis.

The Bank’s Monetary Policy Committee (MPC) is anticipated to leave borrowing costs unchanged when it announces its latest decision on Thursday, marking its first interest rate setting meeting of the year.

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