Buses and pedestrians pass the Bank of England in London on Thursday July 14, 2016. (AP Photo/Adela Suliman)
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The Bank of England said Wednesday it had seen no clear signs yet of a sharp economic slowdown after last month's vote to leave the European Union, raising questions over how aggressively it will act to boost the economy when it meets next month.A Reuters poll Wednesday showed economists saw an average 60 percent chance that the British economy will suffer a recession in the coming year and most expect the BoE will cut rates on Aug. 4 .With no hard data yet published on the impact of the Brexit vote on the economy, investors are taking their cue from any fresh signs of what might be going on.The report also dented demand at an auction of 1.5 billion pounds ($1.97 billion) of 20-year government debt.The BoE has estimated Britain's economy was growing roughly in line with its long-run average before the June 23 EU vote.
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