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Evening Standard
Evening Standard
Anna Wise

Interest rates set to stay at 4.5% as Bank of England faces ‘fog of uncertainty’

Interest Rates MPC Donald Trump Inflation United Kingdom Sandra Horsfield United States Bank of England Monetary Policy PA Graphics

The Bank of England is expected to keep interest rates on hold as policymakers face a “fog of uncertainty” over US President Donald Trump’s developing tariff policy and upcoming UK tax rises.

Experts widely think that the Bank’s Monetary Policy Committee (MPC) will hold rates at 4.5% on Thursday.

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