First BOE Interest-Rate Cut Since 2009 May Come Next Week

  • Officials due to announce decision on July 14 in London
  • Governor Carney warned of slowdown, signaled easing in offing

The Bank of England may cut interest rates for the first time since 2009 next week to stabilize an economy in turmoil after Britons voted to leave the European Union, according to a majority of economists.

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