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Why would the Bank of England cut rates now?

After the post-election market euphoria, businesses are now focusing on the Brexit reality

The Bank of England (BoE) building
The Bank of England (BoE) building Photo: Getty Images

Has Mark Carney pulled a Draghi on his appointed successor Andrew Bailey?

The Bank of England (BoE) governor said last week that the UK central bank was debating whether to commit to keeping interest rates “lower for longer”, until inflation has returned to the official 2% target.

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