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Bank of England keeps rates on hold, watches for recovery rebound

Friday, June 5, 2015 - 05:50

London

THE Bank of England kept interest rates at a record low of 0.5 per cent on Thursday as it waited to see how quickly Britain's economy recovers from a surprisingly sharp slowdown earlier this year.

Investors do not expect the BoE to raise rates until 2016 - seven years after

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