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This is Money Podcast

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The Bank of England's Rate Rise Helps With Inflation

The 14th rate rise on the bounce from the Bank of England this week it's up to 5.25% from 5%. Expectations are there is probably another rise or two to come down the line before the MBC stop turning the screw on borrowers but has any of this actually helped with inflation? Lee voice: I think a lot of it is priced in now for savers and mortgages so we did see some lenders earlier in the week actually cut the rates that was before uh the decision.

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