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How will Russia/Ukraine influence the BoE’s rate hike plans?

As it stands at the moment, we don’t think that the Russia/Ukraine conflict will delay or derail the Bank of England’s plans to raise interest rates further. That’s because the Bank will probably be a bit more alert to the resulting risk of higher inflation than weaker economic activity. UK Housing Drop-In (Wed. 2 March, 10:00 GMT): Andrew Burrell and Andrew Wishart will be discussing how long prices can keep rising in a 20-minute session on Wednesday. Registration details.

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