BOE Voted 7-2 to Keep Rate Unchanged, Warned of Weak Inflation

<p>BOE kept the Bank rate unchanged at 0.75% but revised lower GDP growth and inflation forecasts. British pound strengthened against US dollar as the Committee voted 7-2 for the decision. The market had anticipated more members to support rate cut. Once again, Michael Saunders and Jonathan Haskel favored lowering the policy rate. The decision to [&#8230;]</p>
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