Bank of England Urged to Cut Interest Rates as Recession Looms on Nostr: Bank of England Holds Interest Rates, Raising Concerns About Economic Recovery ...

Bank of England Holds Interest Rates, Raising Concerns About Economic Recovery
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#79a8b667 ver:0.31

Bank of England keeps interest rates unchanged at 5.25%, raising concerns about economic recovery. Decision may delay recovery and dashes hopes of rate cut before general election. Inflation at target of 2%. Bank's governor defends decision, citing ongoing inflationary pressures. US Federal Reserve also maintains rates. Analysts anticipate rate cut in August. #BankofEngland #interestrates #economicrecovery #inflation...

#newstr #BankOfEngland #InterestRates #EconomicRecovery #Inflation #MonetaryPolicyCommittee

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