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7.8
BoE holds rates, flags hike risk on persistent energy prices
BBC NewsLO·GB·1 day ago
The Bank of England kept its policy rate at 3.75%, matching consensus, but the 3-6 vote split (three members favoring a hike) and the acknowledgment of upward inflation risks signal a hawkish bias. This suggests the next move is more likely a hike than a cut, which could support GBP and pressure UK rate-sensitive assets.
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