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Bailey says another BOE rate hike more likely than not if high energy costs return

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Bank of England Governor Andrew Bailey said another interest-rate increase is more likely than not if energy prices return to recent high levels. Speaking to Bloomberg TV after the central bank raised rates to 4% on Thursday, he warned that an inflation jump was already largely baked in, even if Middle East tensions ease rapidly.

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Andrew BaileyFrancine Lacqua

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Bailey says another BOE rate hike more likely than not if high energy costs return · GeoLook.app