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EconomyOil price surge revives prospect of Bank of England rate rise this year

The surge in oil prices has revived expectations that the Bank of England could raise interest rates this year. Investors expect the central bank to hold borrowing costs this week while signalling a possible increase later in the year.

oil pricesBank of Englandinterest rates

FFinancial Times★★★☆☆2026-09-14 04:00Original

Oil price surge revives prospect of Bank of England rate rise this year
Economy