BoE holds nerve but still ahead of Fed and ECB on road to raising rates

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BoE holds nerve but still ahead of Fed and ECB on road to raising rates

Hawk's Nest mountain road, New York State Route 97, at night. Streaks of red and yellow lights follow the curving road.

Bank of England is still expected to be the first major central bank to raise interest rates, despite deciding to hold firm on Thursday.

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