Bank of England (BoE) Deputy Governor Clare Lombardelli (L), BoE Governor Andrew Bailey (2nd L), head of media Katie Martin (2nd R) and BoE Deputy Governor for Markets and Banking Dave Ramsden (R) listen during the Monetary Policy Report press conference at the Bank of England (BoE) in London on April 30, 2026. (Photo by Kirsty Wigglesworth / POOL / AFP via Getty Images)

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