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BoE to wait out soft data as eyes next rate rise

Thursday, May 10, 2018 - 01:48

The Bank of England held interest rates steady on Thursday and said weak growth during a snowy start to 2018 was likely to be temporary, but it wanted to be sure the economy was picking up in coming months before raising borrowing costs. David Pollard reports.

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The Bank of England held interest rates steady on Thursday and said weak growth during a snowy start to 2018 was likely to be temporary, but it wanted to be sure the economy was picking up in coming months before raising borrowing costs. David Pollard reports.

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BoE to wait out soft data as eyes next rate rise

Thursday, May 10, 2018 - 01:48