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'inflation Is Higher Than We Expected It To Be,' Says Bank Of England Governor As Rates Held Again

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The Bank of England has held interest rates at 3.75% for the fourth consecutive meeting.

Business and economics correspondent Paul Kelso analyses why the bank is taking a cautious approach despite oil falling below $80 a barrel - and what needs to happen before rates can come down.

Read more: https://news.sky.com/story/money-live-consumer-personal-finance-tips-sky-news-latest-13040934

#interestrates #bankofengland #economy #skynews

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