Bank of England slows bond-buying, raises 2021 growth forecast

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By Olachi in Business
Updated 3 years ago

The Bank of England said it would slow the pace of its bond-buying as it sharply increased its forecast for Britain's economic growth this year after its coronavirus slump,but it stressed it was not tightening monetary policy. The BoE kept its benchmark interest rate at an all-time low of 0.1%...

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