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Interest rate cut is ‘off the table’, says Bank of England governor

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Interest rate cut is ‘off the table’, says Bank of England governor
Andrew Bailey has said cutting interest rates is “off the table at the moment” in the clearest sign yet borrowing costs are likely to stay elevated for the rest of the year. The Bank of England governor said on a panel at the European Central Bank’s annual conference in Portugal that inflationary pressures following the [...]
2 Jul, 06:53
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