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Bank of England sounds inflation alarm as it holds interest rates

Market context: GBP/USD: A hawkish BoE shift toward rate hikes is bullish for the pound as rate differentials shift. bullish as higher UK rates attract capital inflows into sterling.

Why it matters

GBP/USD (British Pound / US Dollar) · Why linked: A hawkish BoE shift toward rate hikes is bullish for the pound as rate differentials shift. Market context: bullish as higher UK rates attract capital inflows into sterling.

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