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Interest rates expected to be held by Bank of England
Key takeaways
- Kevin Peachey Cost of living correspondent Getty Images Interest rates are expected to be held by policymakers at the Bank of England (Bo E) who are keeping a close eye on events in the Middle East.
- The Monetary Policy Committee (MPC) is widely predicted by analysts to keep the benchmark rate at 3.75% for a fourth consecutive meeting.
- Interest rates are the primary tool used to control inflation, which is the rate at which prices rise.
Kevin Peachey Cost of living correspondent Getty Images Interest rates are expected to be held by policymakers at the Bank of England (Bo E) who are keeping a close eye on events in the Middle East.
The Monetary Policy Committee (MPC) is widely predicted by analysts to keep the benchmark rate at 3.75% for a fourth consecutive meeting.
Interest rates are the primary tool used to control inflation, which is the rate at which prices rise.
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