BoE Keeps Powder Dry in Carney’s Final Meeting

Thursday, 30/01/2020 | 15:06 GMT

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The British Pound rallied on Thursday after the Bank of England (BoE) announced its decision to keep the official bank rate on hold at 0.75%. Market opinion was split leading up to the meeting, with substantial expectations of a rate cut which would have been the first since 2016.

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Source: https://scandinavianmarkets.com/trading-news/boe-keeps-powder-dry-in-carneys-final-meeting/

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