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Bank of England holds rate at 16-year high, signals looming cut | The Straits Times
Source: Buzz FX / 09 May 2024 08:16:22 America/Chicago
LONDON – The Bank of England (BOE) on May 9 kept its main interest rate at a 16-year high, but hinted at a cut over the summer as British inflation cools further and Britain looks set to exit recession.
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