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Bank of England expected to cut interest rates

128d ago
Business
BBC Business
Bank of England expected to cut interest rates
The Bank of England is widely anticipated to lower interest rates to 4%, marking the lowest level since early 2023. This expected reduction in borrowing costs comes despite persistent inflationary pressures within the UK economy. The move suggests a potential effort to stimulate economic activity, though analysts remain divided on the long-term impact of such a decision in the face of elevated inflation.
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