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Bank of England's Greene says IMF forecasts show UK monetary policy not very restrictive

BANGKOK: The International Monetary Fund’s upward revision to its forecast for British economic growth this year adds to signs that Bank of England interest rates are not very restrictive, BoE policymaker Megan Greene said on Tuesday. Greene – who is part of a minority on the BoE’s Monetary Policy Committee that has voted for higher rates – restated her view that the dangers of keeping rates on…

Bank of England's Greene says IMF forecasts show UK monetary policy not very restrictive

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