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Bank of England holds rates at 4% (5-4 vote) but confirms CPI inflation has peaked at 3.8%. Governor Bailey seeks more evidence before cutting. Budget awaited.

Bank of England Holds Rates at 4% and Declares UK Inflation Has Peaked

London’s FTSE 100 and Madrid’s Ibex 35 reach new all-time highs as investors bet on an end to rate hikes. Analysts say Europe’s confidence is returning.

Why London and Madrid stock markets hit record highs despite global interest rate anxiety

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