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Markets and investing
The Bank of England is widely expected to lift Bank Rate to 4% on Thursday as inflation outpaces its forecasts. However, the central bank could signal that interest rates will not rise as far as financial markets currently anticipate.
Markets and investing
Gold advanced as lower oil prices eased some inflation concerns and investors bought the metal after its sharp decline to a one-year low.
Markets and investing
Gulf states are concerned that another US-Israeli attack on Iran could trigger a more destructive regional conflict, leaving them to deal with the consequences, according to Bloomberg.
Markets and investing
Neil Dutta of Renaissance Macro Research expects the Federal Reserve to revise its inflation expectations in early 2027 and believes the central bank may ultimately need to deliver four or five interest-rate increases.