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BOE's Bailey Says Second Hike More Likely If Oil Stays High

Bloomberg PoliticsUnited Kingdom

Bank of England Governor Andrew Bailey said another interest-rate hike is "probably more likely than not" if the high energy costs seen in recent weeks return. He made the comments in an interview with Bloomberg's Francine Lacqua after the BOE's Monetary Policy Committee unanimously voted to lift rates on Thursday. (Source: Bloomberg)

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