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News 2026-09-28 10:14 UTC

BOE's Ramsden Sees Case for Raising Key Rate if Inflationary Pressures Build

By Paul HannonThe recent rise in government bond yields will help limit the impact of higher energy costs on U.K. prices, but the Bank of England may have to raise its key interest rate if inflationary pressures build, Deputy Governor Dave Ramsden said Monday.The BOE left its key interest rate at 3…