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Bank of England Divided on Interest Rate Cut as UK Economy Shows Signs of Growth /
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2024-05-09 15:59:28

Bank of England Divided on Interest Rate Cut as UK Economy Shows Signs of Growth on Nostr: Bank of England Holds Interest Rates at 5.25% for Sixth Time Amid Falling Inflation ...

Bank of England Holds Interest Rates at 5.25% for Sixth Time Amid Falling Inflation
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#722a72e6 ver:0.14

Bank of England holds interest rates at 5.25% for the sixth time as UK inflation falls. Decision awaited on when rates may be cut, with expectations of rate cuts this summer. BoE Governor emphasizes UK's lower inflation compared to the US. Oxford experts believe rates will remain unchanged, but economists anticipate a "close call" for rate cuts in June or August. Analysts divided on timing of rate cut. #BankofEngland #interestrates #inflation #economy...

#newstr #BankOfEngland #InterestRates #Inflation #BorrowingCosts #UkEconomy #GdpGrowth #CostoflivingCrisis #UkHousePrices #DriverlessCars #RedundancyPayouts

https://here.news/story/722a72e6?ver=0.14
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