UK politics transformed, but Bank of England to stay on hold
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LONDON (Reuters) - The election triumph of Prime Minister Boris Johnson has cleared up Britain's political outlook, but the Bank of England won't be rushing to respond to the end of the deadlock.The BoE will keep interest rates on hold this week, according to all 69 economists polled by Reuters.Where there are differences, however, is over whether the British central bank's next move will be to cut rates, following recent moves to ease policy by the European Central Bank and the U.S. Federal..