20-09-2016 20:51 via uk.news.yahoo.com

New BoE rate-setter Saunders sees reasonable growth for UK - FT

By Andy Bruce and David Milliken LONDON (Reuters) - Britain's economy is likely to grow at a reasonable pace in the coming years, slowing less than most economists expect as it overcomes "modest" fallout from June's Brexit vote, new Bank of England (BoE) policymaker Michael Saunders said. Saunders voted to keep interest rates unchanged at a record-low 0.25 percent last week, in his first Monetary Policy Committee meeting since joining the BoE from U.S. bank Citi, where he worked as its chief UK
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