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Bank of England leaves rates on hold

By Abigail Townsend

Date: Thursday 20 Jun 2024

(Sharecast News) - The Bank of England left interest rates on hold on Thursday, as widely expected, despite falling inflation.
The Monetary Policy Committee voted by a majority of seven to two to keep the cost of borrowing at a sixteen year-high of 5.25%.

Data on Wednesday showed inflation had...

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