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BOE's Carney says UK rate hike looms in Brexit-hobbled economy

Economic growth in the UK slowed in the first half of the year and inflation has accelerated to almost 3 per cent. 


BREXIT, which prompted Mark Carney to cut UK interest rates for the first time in seven years in 2016, is now pushing in the other direction.

In a speech in Washington on Monday, the Bank of England (BOE) governor said while the decision to leave the European Union (EU) has...