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الشارقة 24
Economist: Higher U.S. rates strengthen dollar
According to the Bank of England's decision, the interest rate has been held steady, while the bank warned of rising inflation rates, reflecting the government's efforts to respond to accelerating inflation. The bank indicated that inflation will not decline rapidly, with expectations of further price increases in the coming period despite the current stable interest rate. This comes amid concerns about the impact of inflation on the British economy, as markets and the effects of monetary policies on growth and financial stability continue to be monitored.
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