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    23.02.2016 16:02 Bank of England's Deputy Governor Minouche Shafik: the next monetary policy action is likely to be an interest rate hike than an interest rate cut

    The Bank of England's (BoE) Deputy Governor Minouche Shafik said on Tuesday that the next monetary policy action was likely to be an interest rate hike than an interest rate cut.

     

    She also said that she expected wages to rise if the U.K. labour market continues to improve. But she could not say when wages would start to pick up.


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