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Bank of England floats a November rate hike if energy prices don’t come down

people_culture UTC: 2026-09-17 17:00:49

The Bank of England has voted 6-3 in favour of keeping rates on hold at 3.75%, but the overriding message is clear: it is prepared to hike interest rates if energy prices stay high. The chances of a November hike hinge entirely on whether oil and natural gas prices come lower....

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