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Thursday, August 3, 2023

UK interest rates to stay higher for longer, Bank of England says

The Bank of England's comments come as it announces another rise in rates to 5.25% from 5%.

from BBC News - Business https://ift.tt/yZm1Ktl

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US inflation jumps to highest level in almost two years

A surge in prices at the pump due to the Iran war has pushed the inflation rate to 3.3%. from BBC News https://ift.tt/OJcSCMV