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As widely expected, the Bank of England (BoE) left UK interest rates unchanged at 3.75% at this week's Monetary Policy Committee (MPC) meeting. However, while rates were left on hold, the vote split of 6-3 and the tone of the accompanying statement, suggest policymakers remain alert to inflation risks and are not yet ready to declare victory over rising prices. Three MPC members, including Chief Economist Huw Pill, voted in favour of a 0.25% rate increase. This reflects growi