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👤Lisa Harris
🕔October 20, 2016
The European Central Bank (ECB) chose to leave all of its key interest rates unchanged today, in line with the market forecasts that the interest rate policy will stay in a holding stance while inflation rises slowly in the 19 bloc Eurozone area.…
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👤Lisa Harris
🕔September 15, 2016
The GBP today remained above $1.32 as the Bank of England’s announcement concerning interest rates and monetary policy outlook was mostly in conformity with their anticipations, this led some investors to cut down on trades placed against the currency. The chances of a rate cut by the BoE later this year has also grown after comments made by the BoE, “it said the initial Brexit hit to Britain’s economy would be less severe than it expected only last month.…
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