Why the Bank of England is holding rates despite a weakening economy | Phillip Inman

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www.theguardian.com

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Rising unemployment and falling inflation made a strong case for a cut but Andrew Bailey opted to wait and seeBank of England keeps interest rates on holdBusiness live – latest updatesWhen unemployment is rising and inflation falling, the Bank of England would, under normal circumstances, cut the...

Bank of England Economics Interest rates Inflation UK news Monetary policy committee Economic policy Andrew Bailey Business UK unemployment and employment statistics

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