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Bank of England cuts rates to 4.25% amid sluggish growth and easing inflation
The Bank of England reduced its benchmark interest rate by 25 basis points to 4.25% on Thursday, amid subdued economic momentum and easing inflation pressures. The widely anticipated move is aimed at supporting growth as the UK economy contends with weak output and external uncertainties, particularly around global trade.
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Bank of England interest rate DROPS to 4.25% in win for homeowners - but inflation pressure mountsThe Bank of England has reduced the base rate to 4.25 per cent, providing much-needed relief for homeowners who may see lower ...
City analysts have pencilled in their predictions for Thursday. Here’s how almost all of them likely read. Interest rates ...
And importantly, the rate of services inflation – a metric closely watched by the Bank of England – fell to 4.7% from 5%. “The new question now though for the MPC (Monetary Policy Committee) to ...
The rate of services inflation – a metric closely watched by the Bank of England – also slowed to 4.7% from 5%. Sandra Horsfield, an economist for Investec, said: “The new question now ...
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