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Evening Standard
Evening Standard
Politics
Anna Wise

UK interest rates set to be held at 4% as inflation ‘uncomfortably high’

Inflation Interest Rates United Kingdom MPC Bank of England
UK interest rates are set to stay at 4% (Jordan Pettitt/PA) - (PA Wire)

UK interest rates are set to stay at 4% as policymakers hold back from easing borrowing costs while inflation remains elevated, experts have said.

Most economists are expecting the Bank of England to keep rates unchanged on Thursday.

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