Bank of England to raise rates by 50bps again to tame inflation – Reuters poll

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“The Bank of England (BOE) looks set to hike borrowing costs by another 50 basis points (bps) next week, although it may opt for an even bigger move, adding to the woes of indebted households already facing a cost of living crisis,” stated the latest Reuters poll of economists.

Also read: GBP/USD Price Analysis: Steadies around 1.1500 with eyes on UK inflation

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