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UPDATE 1-BoE’s Vlieghe doubts that he will ever see rates back at 5%

Bank of England policymaker Gertjan Vlieghe said on Monday that he did not expect British interest rates to return to levels common before the 2008 financial crisis during his lifetime, due partly to the effect of an ageing population.

Bank of England policymaker Gertjan Vlieghe said on Monday he didn’t expect British interest rates to return to levels common before the 2008 financial crisis during his life, due partially to the effect of an aging population.
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