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Bank of England's Ramsden signals possible rate rise if inflation persists
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Bank of England Deputy Governor Dave Ramsden said interest rates may need to rise if inflation pressures continue to build. He noted 'robust discussion' among officials over the recent bond sale overhaul. Separately, the Reserve Bank of Australia hiked rates to a 15-year high, its fourth rise this year, amid warnings of a 'human disaster' and mass layoffs.
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