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UK interest rates cut to 4.5% from 4.75%, their lowest for more than 18 months
BoE has cut rates from 4.75% to 4.5%. The decision, taken by the Bank’s Monetary Policy Committee (MPC), comes as the UK ...
Savers warned over next steps as 'window may be closing' after Bank of England decision
Paul Noble, CEO of Chetwood Bank, warned: “Savers should take this as a reminder that the window for securing the best rates ...
How low will UK interest rates go?
Bond markets in the UK may be more sensitive to fiscal credibility following the turbulence after the 2022 Liz Truss budget. But fiscal sustainability in the UK does not significantly differ from some ...
Business Matters8d
Is Monetary Policy the Force Behind Shifting Exchange Rates?
Central banks wield immense power over exchange rates, shaping the financial pulse of nations. Through strategic monetary ...
Forex Today: BoE policy announcements, US data to drive markets
The BoE is forecast to lower the policy rate by 25 basis points to 4.5% after the February policy meeting. GBP/USD touched ...