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	Bank of England slashes interest rates in coordinated move Wednesday • October 8, 2008 The Bank of England on Wednesday slashed its key lending rate by a half-point to 4.50 percent as part of a coordinated round of interest rate cuts by global central banks. "The Bank of England's Monetary Policy Committee today voted at a special meeting to reduce the official Bank Rate ... to 4.50 percent," it said in a statement. — AFP
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