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【CNBC】Bank of England warns that higher rates ‘have yet to come through’ to an already weak economy

【CNBC】Bank of England warns that higher rates ‘have yet to come through’ to an already weak economy

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  • The Bank of England hiked interest rates by more than 500 basis points between December 2021 and August 2023 in a bid to combat soaring inflation.
  • “The full effect of higher interest rates has yet to come through, posing ongoing challenges to households, businesses and governments,” the Financial Policy Committee said.

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