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Economics

BOE does what it said it would do

BY BENJAMIN ONG | FRIDAY, 3 NOV 2017 10:51AM

While the BOE's 2 November decision and its rationale heralds the beginning of normalisation of monetary policy (read, more interest rate hikes), it had an opposite effect on the British pound and the bond market.

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Read more: BOE, Brexit, Bank Rate, MPC, UK, Bank of England, European Union

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