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Bank of England ratesetter backs rate hike

The likelihood of an interest rate rise by the Bank of England’s has increased after ratesetter Megan Greene gave her backing to calls for higher borrowing costs. Greene (main picture) , a member of the Bank of England’s Monetary Policy Committee (MPC), says the “case for hiking rates grows as the conflict wears on” and believes “a tightening in monetary policy over the next few weeks or months may be necessary”. [...]