bank of england says keeps interest rate at 025
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Bank of England says keeps interest rate at 0.25%

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Arab Today, arab today Bank of England says keeps interest rate at 0.25%

Bank of England.
London - Arab Today

The Bank of England said Thursday it was keeping its key interest rate at a record-low 0.25 percent as it expects growth in Britain to slow less than expected this year.

After its latest monthly monetary policy meeting, the BoE said it expected "less of a slowing in UK GDP growth in the second half of 2016" following better-than-expected economic data in the wake of Britain's vote to exit the European Union.

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