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Address by Mark Carney, Head of the Bank of England, at a press conference on 4 August 2016
The Monetary Policy Committee of the Bank of England decided to reduce the interest rate to 0.25 percent, which was the historic low for the UK. Purchase of government bonds was increased to £79 billion 780 million. Also, the British Central Bank plans to acquire within a year and a half corporate bonds totaling about […]
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