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Bank of England’s important meeting up next
The Bank of England is set to hold its first monetary policy meeting after Britons voted to exit the European Union.
Markets now expect a reduction in the key interest rate from a record low. The decision will be announced along with the minutes of the meeting.
Economists expect a 25 basis points reduction in rates from 0.50 percent. The monetary stimulus is forecast to be left unchanged at GBP 375 billion at this meeting but anything could happen.
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