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BOE Warns of Downside Risks From No-Deal Brexit and Global Trade

  • Policy makers Saunders, Broadbent and Vlieghe comment Tuesday
  • Disorderly Brexit seen as weakening U.K.’s global trade clout
Lorries pass through a checkpoint area as they exit the Port of Dover.
Photographer: Chris Ratcliffe/Bloomberg

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Bank of England policy makers reiterated the downside risks to the U.K. economy from Brexit and global trade tensions, even as they emphasized that interest rates could still rise.