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Bank of England downgrades growth projections, warns inflation will climb above 4% by year-end – CNBC

It comes after the U.K.’s economic growth slowed in July and consumer price inflation saw its largest month-on-month increase…

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General view of The Royal Exchange, Bank of England and City of London on an overcast day.
LONDON The Bank of England on Thursday kept monetary policy unchanged and downgraded economic growth projections for the third quarter of this year.
Policymakers…

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