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Bank of England edges closer to first rate cut since pandemic as it predicts below-target inflation

Bank of England edges closer to first rate cut since pandemic as it predicts below-target inflation

May 9, 2024May 9, 2024 · Finance

LONDON — The Bank of England maintained its key U.K. interest rate at a 16-year high of 5.25% though it gave a broad hint that a reduction could…

Read more Bank of England edges closer to first rate cut since pandemic as it predicts below-target inflation
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