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British Pound (GBP) Boosted as Bank of England Warns of Higher Interest Rates

EUR/GBP Price, Chart, and Analysis Interest rate hike bets increase after central bank comments. EUR/GBP nearing a fresh 18-month low.   The Bank of England may need to hike interest rates earlier than previously expected as UK inflation runs hot, according to two members of the central bank’s rate-setting committee. Speaking to the Yorkshire Post, BoE governor Andrew Bailey said that he is concerned about the current level of inflation. ‘Unfortunately, if you lo

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