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Bank of England slashes interest rate by 25 basis points
Bank of England cuts interest rates to 4.75%, in second reduction this year
Because the
Bank
of England
has decided to cut rates to 4.75% ... Given the events in the US, Bailey and other members of the
Monetary
Policy
Committee
(which makes the interest rate decision) are likely to be asked what impact Donald Trump’s victory ...
Bank of England slashes interest rate by 25 basis points to 4.75%, as expected
The Bank of England reduced its benchmark interest rate by 25 basis points to 4.75% on Thursday, as expected. The easing cycle was kicked off by the Bank of England in August, but it had chosen to hold rates steady in September.
Bank of England cuts policy rate to 4.75%
The Bank of England (BoE) has cut its policy rate by 25 basis points to 4.75%. The bank announced today that its monetary policy committee had voted by 8–1 to loosen policy, with the one dissenting member voting to hold the bank rate at 5%.
12h
on MSN
Five crucial Bank of England charts - and why it says the Budget WILL lead to a rise in inflation
The Bank of England's Monetary Policy Committee has posted a 90-page report outlining its musings on the future for inflation ...
CNET on MSN
12h
Why Won't a Fed Cut Mean Lower Mortgage Rates?
Mortgage rates have had a bad month. Actually, a bad three years. The Federal Reserve's November monetary policy meeting ...
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