Bank of England and European Central Bank both forecast to raise interest rates by half-point, narrowing differential with the U.S

Bank of England and European Central Bank both forecast to raise interest rates by half-point, narrowing differential with the U.S

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The Bank of England and the European Central Bank are forecast to lift their main interest rates by a half percentage point on Thursday, in what will likely narrow the differential between their rates and that of the U.S. Federal Reserve. The Bank of England is forecast to take interest rates to…

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