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BOE hawkish sentiment hardens; November rate rise kept on table

BOE held its key interest rate at 3.75% in a 6-3 vote, and market commentary says hawkish sentiment is hardening despite members being split.

While Bank of England members remain divided, hawkish sentiment is hardening, according to Suren Thiru and the ICAEW. 75% in a 6-3 vote, balancing the inflationary fallout from the Iran war-induced energy shock against little evidence that it is fu… November rate rise remains on the table.