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Bank expected to keep rates unchanged amid recession fears

Philip Roth by Philip Roth
November 2, 2023
in UK
Bank expected to keep rates unchanged amid recession fears
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Last time the Bank’s Monetary Policy Committee (MPC) met, in September, it said that it downgraded its outlook for the third quarter of 2023, predicting that gross domestic product (GDP) would only rise by 0.1%, compared with the 0.4% increase it had forecast just a month earlier.



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