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MORE BOE'S BAILEY: THE LONGER WE GO ON WITH HIGH ENERGY PRICES, THE HARDER IT GETS TO ASSUME PASS THROUGH WILL REMAIN SUBDUED
(Adds Schmid comment, background in paragraph 17-19) Shift in tone towards more interest rate hikes is now evident Growing recognition that no early end to Iran war is in sight Tightening cycle would start from a higher base than in 2022 By Francesco Canepa FRANKFURT, Sept 18 (Reuters) — The prospect of a new global in