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Bank of England Urged to Cut Interest Rates as Recession Looms /
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2024-06-09 23:58:48

Bank of England Urged to Cut Interest Rates as Recession Looms on Nostr: Pakistan Central Bank Faces Pressure to Cut Interest Rates Amid Inflation Challenges ...

Pakistan Central Bank Faces Pressure to Cut Interest Rates Amid Inflation Challenges
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#79a8b667 ver:0.2

Pakistan's central bank is under pressure to cut interest rates due to inflation challenges. The Bank of England is also considering rate cuts as the UK economy recovers from the pandemic. However, there are concerns about rising oil costs and inflation driven by strong US demand. Some experts argue that central banks should chart their own course instead of following the Federal Reserve. Meanwhile, the Reserve Bank of India may cut rates in August depending on the actions of the US Fed. Pakistan is also facing challenges with inflation and debt servicing. #CentralBank #InterestRates #Inflation #Economy...

#newstr #BankOfEngland #Rbi #InterestRates #UkEconomy #UsFederalReserve #GdpGrowth #Pakistan'sEconomy #Inflation

https://here.news/story/79a8b667?ver=0.2
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