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Economists predict no change on interest rates

Most economists predict the Bank of England will hold interest rates over the next week.


A Reuters survey of 35 economists found more than half believed the Monetary Policy Committee, which makes decisions on rates, will leave them unchanged.


Bank of America spokesman Rob Hayward, said: “Since there hasn&#39t been any untoward news on inflation and given the efforts of central banks worldwide to create a stable environment around the turn of the year, I don&#39t see them raising rates.”

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