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Bank of England sees slower recovery from COVID hit

The Bank of England said on Thursday it expected Britain’s economy to take longer to get back to its pre-Covid pandemic size and it warned of possible risks from taking interest rates below zero.

Bank of England sees slower recovery from COVID hit
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The BoE, announcing unanimous votes by its policymakers to make no changes to its key interest rate which stands at just 0.1% nor its huge bond-buying programme, said the economy would not recover its end-2019 size until the end of next year. 

Read more at Reuters

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