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Inquirer on MSNBank of England halves UK growth projection, cuts interest rate to 4.50%The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday ...
The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 percent, citing concerns about stagnant growth. The decision was made by the Monetary Policy ...
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