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Latest Articles in bank of england

Global Economy: Place Your Bets For The Brexit Rate Hike

To hear some economists talk, the Bank of England is about to make a big mistake - raise interest rates just as the economy heads into what could be a major storm.

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Bank Of England's Carney Faces Up To Pressure From Prices And Politics

Many supporters of Britain's exit from the EU strongly objected to Carney's warnings of the economic risks of Brexit in the run-up to the referendum

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Bank Of England Signals New Rate Cut Despite Brexit Bounceback

The Bank of England said it was still likely to cut interest rates to just above zero later this year, even though the initial Brexit hit to Britain's economy would be less severe than it expected only last month

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Sensex Zooms 364 Points, Nifty Tops 8,600 On BoE Stimulus Push

In sync with strong global stocks after the Bank of England announced a rate cut and fresh stimulus, the Sensex rallied 364 points to close above 28,000, helped by auto and oil and gas

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Sterling Nurses Wounds After BoE Measures

The larger than expected measures pushed the British pound down 1.6 per cent on Thursday, its biggest fall in a month

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Bank Of England Brings Down Stimulus Sledgehammer To Beat Brexit Blues

The BoE cuts interest rates 25 basis points to 0.25 per cent and said it would buy 60 billion pounds ($79 billion) of government bonds over the next six months

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Soros Says Pound Fall After Brexit Would Be More Disruptive Than 'Black Wednesday'

Opponents of EU membership say Britain could prosper if it cut itself free from what they portray as a doomed German-dominated project in excessive debt-funded welfare spending

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UK Banks Ordered To Review Cyber Security After SWIFT Heist

Authorities in Dhaka and private forensic experts are investigating the February cyber heist in Bangladesh where thieves raided a central bank account kept at the Federal Reserve Bank of New York, stealing $81 million

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Bank Of England To Look Into Banning Executives Behind 2008 HBOS Failure

The bailout of Lloyds and its rival, Royal Bank of Scotland, caused Britain's public debt to balloon, prompted lasting public outrage at bankers, and triggered a revamp of British financial regulation

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