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Bank of England to Get More Aggressive with 50 Bps Hike on Thursday

Posted on the 01 August 2022 by Phil's Stock World @philstockworld

LONDON, Aug 1 (Reuters) - The Bank of England is now expected to lift borrowing costs by a bigger 50 basis points to 1.75% on Thursday as it battles soaring inflation, according to a Reuters poll taken over the past week after several economists changed their minds. Over 70% of the 65 respondents to ...

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