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Inflation-fighting Bank of England eyes 12th rate hike
Inflation-fighting Bank of England eyes 12th rate hike
Business and Economy
by  AFP

The Bank of England is forecast Thursday to deliver its twelfth straight interest rate hike as it seeks to dampen high inflation but risks worsening a cost-of-living crisis. - Cost-of-living crisis - In Britain -- the only Group of 7 nation where inflation topped 10 percent in March -- it has sparked a cost-of-living crisis, with increasing numbers of people pushed into poverty.