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25 January 2006

Bank of England minutes and GDP

BOE minutes were 8-1 in favour of no change, with one member, Steve Nickell voting for a cut, the same as last time. The GDP figures were decent, suggesting no rate cut in the short term.

GDP rose by more than expected in Q4 and at its fastest pace for a
year as services output rose sharply on the quarter

Posted at: 10:12

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