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bank of england maintains interest rate amid cautious monetary policy approach

The Bank of England maintained the Bank Rate at 4.50%, with a vote split showing 8 members in favor of keeping it unchanged and one member advocating for a 25bp cut. The decision reflects a cautious approach to monetary policy amid ongoing uncertainty, resulting in slightly higher Gilt yields and a lower EUR/GBP.
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British Pound Sterling Danske Bank A/S GBR Manka Dhingra
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16:24 20.03.2025
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