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The Young Investors Podcast
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Is the Central Bank of England Going to Raise Rates?
The uk. Central bank of england raised interest rates for the first time since the pandemic last month. Another hike is expected on the february meeting, which will bring official rate to somewhere between poient four % and point five%. Currently, economists only expect two interest rate hikes for the U.K. in 20 22. But it's not out of the question that they raise rates faster than at point two five intervals.
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