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Bank of England interest rate policy 2026

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FIRST ENTRY NOV 05
NOV 05 · Day 1

Bank of England hikes interest rate, warns inflation near 5%

The rate hike was the Bank of England's first since August 2023.

Bank of England Governor Andrew Bailey said risks to energy prices and inflation are to the upside without real progress towards settling the conflict in the Middle East.

The British pound hit a post-Brexit high on Wednesday.

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