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Bank of England Raises Rates for First Time in Three Years

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Image from The New York Times

Summary

The central bank said that inflation would climb to about 5 percent next year, far above its target, because of higher energy prices driven by the war in Iran. Covered by 8 outlets: 1 lean left, 3 are centre, 4 lean right.

Automated summary picked from the outlets' own descriptions.

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