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Bank of England cuts interest rate
Bank of England cuts rates but sees higher inflation after Reeves' budget
LONDON, Nov 7 (Reuters) - The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely to be gradual, seeing higher inflation and growth after the new government's first budget.
Bank of England Cuts Interest Rates, but Signals Stickier Inflation
The central bank said future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.
Bank of England cuts UK interest rates again despite modest budget-related inflation spike
The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell below its target rate of 2%
The Mirror
2d
Interest rates cut by Bank of England to 4.75% - what it means for your mortgage and savings
Interest rates have been cut by the
Bank
of England
for the second time this year. The base rate has been reduced from 5% ...
22h
on MSN
Bank of England chief economist cautions over global economic ‘disturbances’
Huw Pill said the outlook for interest rate cuts depended on there being ‘no big new disturbances to the economy’.
1d
on MSN
Federal Reserve follows Bank of England with interest rate cut, with ‘uncertain’ economic outlook – business live
BoE says the higher bus fare cap and adding VAT to private school fees will push up UK inflation. 20:17 Q: ...
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