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Tag: Bank of England

The Bank of England Interest Rate Cut Predictions 2024: A Reuters Poll Analysis
Business

The Bank of England Interest Rate Cut Predictions 2024: A Reuters Poll Analysis

2024-02-20 15:25:16 Par Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England will begin cutting interest rates in the third quarter, according to a Reuters poll of economists, with a narrow majority expecting the first cut to come in august. This date is later than that predicted in a January poll, where a small majority … Read more
You can read the full story here: The Bank of England Interest Rate Cut Predictions 2024: A Reuters Poll Analysis.

February 20, 2024 No Comments
Bank of England Keeps Interest Rates Unchanged at 5.25% and Hints at Possible Rate Cut
Business

Bank of England Keeps Interest Rates Unchanged at 5.25% and Hints at Possible Rate Cut

The Bank of England (Britain’s central bank) kept its policy interest rate unchanged at 5.25% on the 1st. He lowered his inflation forecast for this year and removed a piece of his guidance that said further rate rises may be needed, paving the way for a rate cut. Governor Bailey acknowledged that keeping interest rates […]
The post Bank of England Keeps Interest Rates Unchanged at 5.25% and Hints at Possible Rate Cut appeared first on News Directory 3.

February 1, 2024 No Comments

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