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BoE Soothes Concerns of a Rate Hike

Thu 26 Jun 08 | 04:40 AM ET
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BoE Soothes Concerns of a Rate Hike

Thu 26 Jun 08 | 04:40 AM ET
Bank of England governor Mervyn King calmed expectations of early interest-rate rises Thursday, saying that the central bank wants to avoid an economic slowdown which might pull the inflation rate below target. Daragh Maher from Calyon discusses.

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Europe (West) Banks
 
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