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BOE's Cunliffe says now is not the time to raise interest rates

Mr Cunliffe wants more time to see how a rise in exports and business investment can compensate for consumer decline.


BANK of England deputy governor Jon Cunliffe on Wednesday signalled that now is not the time to raise interest rates, siding with his boss Mark Carney in a deepening split between officials on the need for higher borrowing costs.

Speculation mounted last week that governor

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