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High interest rates? Time to get saving

Money Clinic with Claer Barrett

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What's the Link Between Interest Rates and Inflation?

The Bank of England's Monetary Policy Committee will meet on Thursday. The markets are expecting interest rates to rise, probably to around 3%. But at the same time, there was inflation. Sarah Coles: You need to understand what prices are going up in your own life and prices aren't necessarily rising right across the board. We'll be hearing from one of our listeners shortly.

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