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- The Bank of England has kept interest rates at 5.25 per cent, as it forecast that inflation is set to fall to its target level a year-and-a-half earlier than expected, much to the relief of many mortgage owners. The UK central bank began raising interest rates as the pandemic came to an end and energy costs began to rise.www.standard.co.uk/news/uk/interest-rates-announcement-bank-england-inflati…
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