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BOE Should Cut Rates By 100 BPs To 3.5%

posted by Avatar ceronueve 1299 days ago in GBP, Inflation, Consumer made popular 1299 days ago

The Bank of England should cut its main interest rate by 100 basis points to 3.5% because the sharp downturn in the economy in recent weeks justifies a more aggressive approach, the Confederation of British Industry said Tuesday.
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