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Goldman Sachs lowers peak U K interest-rate forecast ahead of meeting

Goldman Sachs has lowered its estimate of the peak U.K. interest rate, even as it forecasts a quarter-point increase by the Bank of England on Thursday.

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Bank of England hikes interest rates to highest level since financial crisis

The Bank of England on Thursday lifted interest rates by a quarter-point to 5.25%.

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Ten-year Treasury yield holds below 4% a day ahead of inflation report

Bond yields are slipping ahead of CPI data Wednesday, that may seal the deal on another spot of monetary tightening by the Federal Reserve later this month.

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This viral Reddit thread recounts what Brits are giving up because of inflation

As bad as the inflation picture has been in the U.S., across the pond the experience has been far worse, as this Reddit thread summarizes.

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Key U K mortgage rate tops 6% as Bank of England set to hike again

A key U.K. mortgage rate topped 6%, days ahead of a Bank of England rate decision where the central bank is again expected to lift interest rates.

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