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Bank of England's Bailey says markets still ahead of themselves in pricing rate hikes

Summary by Reuters
Bank of England Governor Andrew Bailey said on Wednesday that markets were still getting ahead of themselves by pricing in ​interest rate hikes by the central bank in response to the ‌hit to the British economy from the Iran war.

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The BoE Financial Policy Committee's verdict, published today, is that the shock will weigh on growth, increase inflation and tighten financial conditions.

·Milan, Italy
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FXStreet broke the news in on Wednesday, April 1, 2026.
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