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BOE pushes rate-increase view
Published Mon, Feb 16, 2015 · 09:50 PM
London
BANK of England (BOE) policymakers Ben Broadbent and Martin Weale said weak UK inflation will be temporary and indicated that the chance of more stimulus remains low.
While the bank said last week it could respond to weak price pressures with an interest rate reduction or more bond purchases, policymakers are pushing the message that such an outcome isn't the most likely scenario.
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