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Experts expect a new round of easing the Bank of England
Analysts at Citi Bank commented: "The further relaxation of the policy of the Bank of England is likely, and we believe that the next expansion of QE could happen as early as next week." The bank issued its comment after the report on the UK PMI reflected a sharp drop in activity.
JPMORGAN also predicts that the Bank of England may extend QE at the next meeting.
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