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Evening Standard
Evening Standard
World
Nicholas Cecil,Rachael Burford and Jonathan Prynn

Homeowners warned they could be hit with two interest rate hikes this summer

Inflation Jeremy Hunt United Kingdom Kantar Recession the Office for National Statistics

Homeowners were warned on Wednesday that they face two possible further interest rate hikes this summer.

Economists sounded the alarm that the Bank of England’s Monetary Policy Committee could be forced to hike rates from 4.5 per cent in June, then possibly again within months, to get a firm grip on inflation.

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