Tuesday 12 November 2019
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brecorder - 4 days ago

Bank of England holds rate, tweaks UK growth forecasts

The central bank also upgraded its UK growth forecast to 1.4 percent in 2019 but downgraded 2020 guidance to 1.2 percent. The bank s Monetary Policy Committee (MPC) voted 7-2 to hold borrowing costs, according to minutes of the rate-setting meeting. Although the global outlook had deteriorated further, recent UK economic data had not, on the [ ]


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