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Bank of England edges closer to rate cut, possibly in June

By Inquirer - 7 months ago
LONDON — The Bank of England maintained its key U.K. interest rate at a 16-year high of 5.25 percent though it gave a broad hint that a reduction could be on the cards as soon as June as inflation is forecast to fall below target. In a statement Thursday, the bank’s nine-member Monetary Policy Committee

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