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Evening Standard
Evening Standard
Anna Wise

UK interest rates set to be held at 4.75% after inflation rises again

Inflation Interest Rates United Kingdom Bank of England PA Graphics Rob Morgan Rob Wood Charles Stanley Pantheon Macroeconomics
This would mark a continued pause on the Bank of England’s rate-cutting cycle (Yui Mok/PA) - (PA Wire)

UK interest rates are expected to remain at 4.75%, with rising inflation and wage growth persuading the Bank of England’s policymakers to keep rate cuts on pause, experts think.

The Bank will announce the results of its next policy decision on Thursday.

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