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ECB to keep policy unchanged, experts predict

  Bloomberg Just like Mark Carney, Mario Draghi can afford to wait a bit before adding more monetary stimulus. Economists in a survey predict the European Central Bank president will keep policy unchanged on Thursday but announce fresh measures before the end of the year. The meeting comes a week after the Bank of England, headed by Carney, opted not ...

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Post-Brexit UK needs range of stimulus, says BOE’s Vlieghe

  BLOOMBERG Gertjan Vlieghe, who was alone in voting for an interest-rate cut at the latest Bank of England meeting, said the UK needs a range of stimulus to combat the impact of its decision to quit the European Union. “The precise implications for the economy are uncertain, although the general direction of travel is likely to be lower growth ...

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Firmer evidence needed for Aug rate cut: UK central bank

  BLOOMBERG Bank of England policy maker Martin Weale said he needs to see more evidence of the impact of the U.K.’s vote to leave the European Union before supporting additional stimulus at the central bank’s August meeting. BOE officials surprised markets and a majority of economists last week when they kept their key interest rate unchanged, and suggested they ...

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