Bank of England set to raise interest rate 

News Department
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The Bank of England is set to raise UK's interest rates to 1.25% when the Monetary Policy Committee (MPC) meets on Thursday, Report informs, citing Yahoo Finance.

In addition, today, the US Department of Labor will announce the number of initial unemployment applications by June 11. Analysts estimate that this figure will fall by 14,000 to 215,000.

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