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Bank of England set to hold rate at 16-year high

By Inquirer - 2 weeks ago
LONDON, United Kingdom — The Bank of England was set Thursday to keep its main interest rate at a 16-year high, resisting a cut as UK inflation cools at a slower pace than forecast. The BoE is widely expected to maintain borrowing costs at 5.25 percent for a sixth meeting in a row, mirroring a

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