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Brexit uncertainty 'could lead to interest rate cut'

3631373799?profile=RESIZE_710xThe Bank of England may need to cut interest rates should Brexit uncertainty persist, one of its policymakers has said.

Even if the UK avoids a no-deal Brexit, rates may still need to be cut, Michael Saunders said.

Interest rates have been on hold at 0.75% since August 2018, when they were raised from 0.5%.

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BBC News

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