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01-31-2020, 11:26 AM
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BoE delivers Brexit-eve growth downgrades
LONDON: The Bank of England has delivered a blow on the eve of Brexit by slashing its UK growth forecasts, but held off from cutting interest rates amid signs of a recent pick-up in the economy.Members of the Monetary Policy Committee voted seven to two to hold rates at 0.75 per cent, despite...
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