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The Bank of England is set to hold its first monetary policy meeting after Britons voted to exit the European Union.
Markets now expect a reduction in the key interest rate from a record low. The decision will be announced along with the minutes of the meeting.
Economists expect a 25 basis points reduction in rates from 0.50 percent. The monetary stimulus is forecast to be left unchanged at GBP 375 billion at this meeting but anything could happen.
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