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Bank of England Urged to Cut Interest Rates as Recession Looms /
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2024-06-06 10:56:12

Bank of England Urged to Cut Interest Rates as Recession Looms on Nostr: Reserve Bank of India Expected to Cut Interest Rates in October After US Federal ...

Reserve Bank of India Expected to Cut Interest Rates in October After US Federal Reserve
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#79a8b667 ver:0.19

The Bank of England is expected to cut interest rates in August or September as inflation slows and the economy recovers from the pandemic. However, rising oil costs and concerns about inflation driven by strong US demand are factors to consider. Meanwhile, the Reserve Bank of India is expected to cut interest rates in October, following the US Federal Reserve's lead. The RBI aims to bring inflation down to 4% on a durable basis. #BankofEngland #interestrates #inflation #ReserveBankofIndia #USFederalReserve...

#newstr #BankOfEngland #Rbi #InterestRates #UkEconomy #UsFederalReserve #GdpGrowth

https://here.news/story/79a8b667?ver=0.19
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