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[BlackRock’s Brazier said the Bank of England may raise interest rates three or four more times] On November 12, Alex Brazier, BlackRock’s global head of investment and portfolio solutions, said that the Bank of England may implement three to four additional interest rate hikes as reflected in current market pricing. He said that after raising interest rates by 25 basis points last week, raising the benchmark interest rate to 4%, it is "possible" that the Bank of England will raise interest rates again as soon as December. "Growth remains resilient, and the energy shock is pushing up inflation; so it doesn't seem unreasonable that the market is now pricing in three to four more rate hikes," Brazier said.
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