BOE Set to Hike Rates for First Time Three Years

The Bank of England is expected to raise interest rates by 0.25 percentage points to 4% at an upcoming decision, marking its first rate increase since 2022. Ana Andrade of Bloomberg Economics said the move signals a shift in the central bank's monetary policy stance. The rate decision follows a period of held rates as inflation pressures have evolved in the British economy.

• Bloomberg — BOE Set to Hike Rates for First Time Three Years

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