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J.P. Morgan expects the Bank of England to raise interest rates in February, following the central bank’s decision to keep borrowing costs on hold, and warns of further tightening if the Iran war continues. The UK central bank’s Monetary Policy Committee voted 6-3 to keep rates at…
J.P. Morgan expects the Bank of England to raise rates by 25 basis points in February next year, after the BoE kept rates on hold but warned of tightening if the Iran war continued.