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FACTBOX-Bank of England sets out economic scenarios in July meeting

The Bank of England kept its main interest rate at 3.75% on Thursday. Six members voted to hold rates while three voted for a rise to 4%. The Bank also shared its economic outlook, saying inflation may peak at 3.2% in late 2026 before falling below target. It expects the UK economy to grow around 1.1% a year in 2026‑2027 and a bit faster later.