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Bank of England Keeps Interest Rates Unchanged Amid Energy Price Volatility

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GBP
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The Bank of England has made its latest decision on interest rates, keeping them at 3.75% for the fifth time in a row.

This move comes as the bank assesses volatile energy prices and the impact of the US-Iran war on the economy.

Last month, inflation fell to 2.6% in the year to June, but is expected to rise again in July due to increasing domestic energy costs.

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