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Bank of England keeps interest rates on hold

21 June, 2018

The Bank of England has today voted to keep interest rates on hold but it has given a firm signal that an August rate rise is likely, leading to a jump in the value of the pound.

As the economy continues to improve, the Monetary Policy Committee within the Bank has rising concerns about the rate of inflation leading to a pressure for a rise in interest rates later this year.

Full article here.

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