1442 GMT - The Bank of England might need strong evidence of rising inflation before raising interest rates in 2026, Bank of America economists say in a note. The economists expect the BOE to keep interest rates on hold at 3.75% for the remainder of the year, given U.K.'s frail growth and weak labor market. "For the BoE to respond we think we would need to see signs that this [energy-price] shock is feeding to strong second round effects via broad-based price rises or wages."
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