BOE most likely to keep record low interest rate

Note: This section contains information in English only.
Source: Bloomberg
Bank of England will most probably not raise the rates on Thursday, following the Greek uncertainties and unconvincing domestic economic picture, therefore keeping it at a 0.5% level. UK inflation in May was 0.1%, far from the BOE's target of 2%, meanwhile some concerns about downward pressure are raised by the appreciating Sterling.
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Thu, 09 Jul 2015 08:37:04 GMT

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