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Bank of England set to hike interest rates to tackle higher inflation caused by Iran war

David Robinson
Reporter · Thursday, November 5, 2026 at 5:08 AM · 1 min read
Bank of England set to hike interest rates to tackle higher inflation caused by Iran war — Erie Community news

The Bank of England is expected to raise interest rates for the first time in over three years in order to tackle the inflation shock caused by the Iran war. With inflation predicted to rise further over the coming months,…

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