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2014-07-09 Bank of England

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London, July 9th 2014. Incoming Bank of England Deputy Governor Minouche Shafik has suggested the BoE is likely to lower its estimate of the amount of "slack" - spare capacity - in Britain's economy.

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Paul Davey
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Bank of England BoE Central Bank Deputy Governor Minouche Shafik Governor Mark Carney Monetary Policy Committee Threadneedle Street banking base rate economics economy finance interest rates quantitative easing
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London, July 9th 2014. Incoming Bank of England  Deputy Governor Minouche Shafik has suggested the BoE is likely to lower its estimate of the amount of "slack" - spare capacity - in Britain's economy.