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BOE's Interest Rate Hikes Are Taking Longer to Curb UK Inflation

(Bloomberg) -- A shift in Britain’s mortgage market is delaying the impact of higher interest rates on the economy, increasing the risk of the Bank of England fumbling its decision on how much more it needs to do to curtail inflation.Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysTrump Urges Prosecutors to Drop Case, Offers Defense PreviewNYC’s Rent Surge Defied by New Grads ...
United Kingdom Charlie Bean Silvana Tenreyro Swati Dhingra Catherine Mann Bloomberg Businessweek
Source: yahoo.com

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