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The committee voted 5-4 in favor of the cut. The rate cut is the bank’s fifth since last August, when policy makers began lowering borrowing costs from a 16-year high of 5.25%. The Bank of England’s ...
We explain what the Bank of England's decision to cut rates means for your money - and whether rates will be cut again soon.
Band of England may cut interest rate to 4.0% despite rising UK inflation, as slowing GDP and labor data weigh on monetary policy outlook.
Rates are now at their lowest since March 2023 even though inflation is well above target.
The Bank of England has cut its main interest rate by a quarter percentage point to 4%, as policy makers seek to bolster the ...
LONDON (AP) — The Bank of England cut its main interest rate Thursday by a quarter percentage point to 4%, as policy makers seek to bolster the sluggish U.K. economy. Thursday’s decision was ...
The Bank of England’s key rate — a benchmark for mortgages as well as consumer and business loans — is now at the lowest level since March 2023.
The Bank of England has cut its main interest rate by a quarter percentage point to 4%, as policy makers seek to bolster the sluggish U.K. economy.
The Bank of England has cut its main interest rate by a quarter percentage point to 4%, as policy makers seek to bolster the sluggish U.K. economy.
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