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Tuesday, September 27, 2022

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Bank of England to get more aggressive with 50 bps hike on Thursday

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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