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UK: Bank of England cuts interest rate to 4.5 pct
Storyline: The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 ...
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 ...
2 UK shares that could soar if interest rates sprint lower!
The Bank of England's latest meeting has fed speculation of swingeing interest rate cuts. I think these UK shares could soar in this scenario.
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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 ...
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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 economy faces sluggish growth and rising concerns over global trade policies.
Unexpectedly dovish Bank of England decision sends pound and yields lower
The Bank of England put a dovish twist to an expected rate cut, sending the British pound and bond yields lower. The central bank, as expected, cut interest rates by a quarter-point, its third ...