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BoE keeps rates on hold as UK braces for no-deal Brexit

Friday, March 22, 2019, 7:17 AM

The Bank of England kept interest rates steady and said most businesses felt as ready as they could be for a-no-deal Brexit that would likely hammer economic growth and jobs. The BoE said its nine rate-setters voted unanimously to keep interest rates on hold at 0.75-percent, just days before the world's fifth-biggest economy could leave the EU without a deal to smooth its way.

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