BoE's Vlieghe: Interest rates will go up very gradually over the next few years

The BoE's external MPC Member Gertjan Vlieghe, at his testimony before the Treasury Committee, in London, was noted saying that Brexit uncertainty is having a dampening effect on some of the economy.

Additional quotes:

   •  Interest rates will go up very gradually over the next few years.
   •  Doesn't believe he has a big difference with the central view of the MPC.

China Finance Ministry: confirms cut to car import duty to 15%, effective 1 July

According to the latest headline flashing on the wires, China's Finance Ministry confirmed to cut import duty on car to 15% and tariffs for some auto
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United Kingdom Public Sector Net Borrowing came in at £6.23B below forecasts (£7.1B) in April

United Kingdom Public Sector Net Borrowing came in at £6.23B below forecasts (£7.1B) in April
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