
Bank of England expected to cut interest rates
Borrowing costs are forecast to fall to 4%, the lowest since early 2023, despite higher inflation.
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Borrowing costs are forecast to fall to 4%, the lowest since early 2023, despite higher inflation.
Full ArticleThe Bank of England cuts its key rate to 4%, the fifth reduction since August last year.
Bank of England governor Andrew Bailey says there is "genuine uncertainty about the course of the direction" of interest rates,..