United Kingdom BoE MPC Vote Rate Hike meets expectations (1)

United Kingdom BoE MPC Vote Rate Hike meets expectations (1)
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Pound Sterling faces pressure after BoE leaves interest rates unchanged at 3.75%, as expected

The Pound Sterling (GBP) faces selling pressure, prima facie, after the Bank of England’s (BoE) monetary policy announcement. As expected, the BoE has left interest rates unchanged at 3.75%, with an 8-1 majority. This is the third straight meeting that the BoE has maintained the status quo.
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