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The Bank of England followed the Federal Reserve in slowing the pace of interest-rate increases, after signs that [inflation is finally falling in the U.K.](https://www.wsj.com/articles/u-k-s-stubborn-inflation-means-more-pain-for-homeowners-renters-94f44e96) The central bank raised its key interest...
The governor of the Bank of England, Andrew Bailey. The Bank of England has raised interest rates by 0.25% to 5.25%. Photo: Henry Nicholls/Reuters The Bank of England has increased interest rates by 0.25% to 5.25%, its 14th consecutive hike, as it aims to combat high inflation. The move, which was...
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