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The BOE voted unanimously to keep interest rates unchanged at 0.5% at its meeting earlier this...
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Wednesday, December 19, 2012, 5:15 AM ETThe BOE voted unanimously to keep interest rates unchanged at 0.5% at its meeting earlier this month, the minutes show, and 9-0 to not add to its bond-buying program. The bank predicts that the economy will contract in Q4 but remain flat beyond that, and that inflation will remain above its 2% target in the next year or so. The BOE also expressed concern that the strong pound is hurting the economy. (PR)
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