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BoE raises interest rates to 4% as Iran war fuels inflation

The Bank of England raised interest rates by 25 basis points to 4% on Thursday, November 5, its first increase since August 2023, as policymakers moved to contain inflationary pressures stemming from the war in Iran and elevated energy prices. The widely expected decision…

European Central Bank

European Central Bank rate decisions, Christine Lagarde and the Governing Council, and monetary policy for the eurozone.

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