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Bank Of England Set To Hike Interest Rate

Por: RTTNews Business August 03, 2023

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The Bank of England is set to lift its key interest rate on Thursday after its major counterparts U.S. Federal Reserve and the European Central Bank lifted benchmark rates last week. The August decision is likely to be a close call between a 25 basis-point and a 50 basis-point hike. The announcement is due at 7.00 am ET. The bank will also release its quarterly monetary policy report along with the policy decision.The Monetary Policy Committee... + full article



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