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πŸ‡¬πŸ‡§ Bailey denies a secret plan to hike as London's house prices roll over

πŸ‡¬πŸ‡§ Bailey denies a secret plan to hike as London's house prices roll over

Bank of England governor Andrew Bailey denied any secret plan to raise rates as UK inflation climbed to 2.9% year-on-year and house prices fell 0.4% nationally, even as London slides and Northern Ireland keeps climbing, exposing a split on the Bank's own rate committee before the 17 September...

News graphic of Andrew Bailey at a Bank of England podium, with a rate-hike headline, quote, bullet points, and market-impact boxes.
Bank of England Governor Andrew Bailey told MPs there is no β€œsecret plan” to raise Bank Rate, even as he said inflation risks remain tilted to the upside ahead of the 17 September MPC. Source

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