BOE Likely to Keep Rates Low for Longer After EU Vote, King SaysBy and
Pound dropped to its weakest level since 1985 on Monday
Sterling decline may help to bolster inflation: King
After seven years of interest rates at a record-low 0.5 percent, the U.K. can expect that period to carry on for the foreseeable future, according to former Bank of England Governor Mervyn King.
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