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Money markets trim bets of a BOE rate cut next year

FILE PHOTO: The Bank of England is seen in the financial district during rainy weather in
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LONDON (Reuters) - Market expectations of the first quarter point rate cut from the Bank of England has shifted to December 2020 from March next year as hopes that Britain and the European Union may be able to break a Brexit deadlock have grown.Bets of a breakthrough have grown after British Prime Minister Boris Johnson and his Irish counterpart Leo Varadkar said they saw "a pathway to a possible..
Date Published: Oct 11, 2019
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