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        The Bank of England stands still as the economy improves


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On Thursday, financial markets saw a 50% chance of interest rate cuts. If it does, it will echo last year's cuts by the Federal Reserve and the European Central Bank.
But the monetary policy committee of the Bank of England (MPC) once again voted for the target rate to remain unchanged at 0.75% with seven votes in favor and two against, and external members sanders and Jonathan Haskel voted for the rate cut.
The pound rose about 0.5 cents against the dollar, but interest rate futures still suggest a possible rate cut in May, after Carney handed over the presidency to Andrew Bailey.
Carney stressed that the economy will show encouraging signs in early 2020, but said the Bank of England is still waiting to see if hard economic data can confirm that.
"It's important to be clear that it's still in its infancy and that it's" good enough so far "rather than" good enough so far, "he said


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